Potential Retest of August Low

٩ سبتمبر ٢٠١٦

ETH recently went below the 2 week support — correlated with BTC move upward. Now retracing in continued BTC correlation. IF BTC uptrend continues, I suspect to see ETH dive toward 30d low. I will be monitoring trade relevance over the next 12 hours looking for entry confirmation. Stops are currently set tight.

٩ سبتمبر ٢٠١٦

ملاحظة

Trade is lining up for entry. Will update when/if opened.

١٠ سبتمبر ٢٠١٦

تم فتح الصفقة

Entry on target - opened position. Stops slightly above 19.

١٠ سبتمبر ٢٠١٦

ملاحظة

Important support and resistance intersection in the next couple hours.

puu.sh/r6Ihq/4a70d214b9.png

١٠ سبتمبر ٢٠١٦

أغلقت الصفقة: تم الوصول لوقف الخسارة

That escalated quickly. Better luck next time.