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$ETH January 29 morning short-term trading strategy:
ETH: If it moves down first, buy around 2946-2925, take profit around 2985-3025, stop loss if it falls below 2900 and rebounds. There is still an aggressive long position around 2985.
If it moves up first, short around 3022-3038, set your own take profit, and stop loss if it breaks above 3060 and pulls back.
Reminder: Be cautious of a head-and-shoulders top pattern forming on the 15-minute cycle today.
@The two points provided by the host can be lightly allocated and placed in batches. Short-term trades should aim for a 50% profit, then reduce positions to protect capital.
These strategies are personal opinions only and do not constitute investment advice.
Prohibit 🚫 from heavy positions and anti-positioning!!!