$ETH is attempting to break above the grey rectangle range creating FOMO among retailers. But we stay disciplined. We’re not chasing the breakout. Instead, our trigger long is placed at the perfect pullback zone marked in yellow. That’s where the real R:R makes sense. Limit order stays there. If price gives the entry, we execute. Better not to chase a leaving train.
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#ETH Update:
$ETH is attempting to break above the grey rectangle range creating FOMO among retailers. But we stay disciplined.
We’re not chasing the breakout. Instead, our trigger long is placed at the perfect pullback zone marked in yellow. That’s where the real R:R makes sense. Limit order stays there. If price gives the entry, we execute. Better not to chase a leaving train.