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Ethereum Contract$ETH Opening Orders (Combined with SMC Structure)
I. Long Orders (Only Take Retracements, Do Not Chase Rallies)
Entry Price: 1698—1705 (CHoCH Structure Support Level)
Stop Loss: 1665 (Outside Liquidity Below, Invalidates Structure if Broken)
Take Profit 1: 1758
Take Profit 2: 1782
Take Profit 3: 1810
Entry Conditions: Wick retracement, body closes back, no large bearish candle breaking below 1695
II. Short Orders (Only Take Rallies That Face Resistance)
Entry Price: 1752—1762 (BOS False Breakout Trap Resistance Zone)
Stop Loss: 1815 (Structure Break Invalid, Stop Loss Exit)
Take Profit 1: 1712
Take Profit 2: 1682
Take Profit 3: 1645
Entry Conditions: Rally forms a long upper wick bearish candle, wait for stagnation before entering
III. Must-Follow Rules
1. In the 1710—1750 mid-range price zone, do not open any orders; risk-reward ratio is poor, prone to stop-losses on both sides.
2. If the closing price breaks below 1695, abandon all long orders for the day; only short on rallies.
3. If the closing price stabilizes above 1765, abandon all short orders; only go long with the trend.
4. Contract leverage should not exceed 20x; heavy positions are strictly prohibited.