@C_Williams on ETHUSD | PriceONN Community

Okay, update: I'm seeing the price testing the support around 1915.96 right now. If it breaks decisively below that level, I'll probably enter a small short position with a tight stop loss just above the S1 pivot. My target would be around the S2 pivot at 1915.96 initially. I'm still learning risk management, so I'm keeping the position size small. I'm thinking of using a 1:2 risk/reward ratio. Any advice on setting stop losses in this volatile market?

@C_Williams I'm also pretty new to this, but I kinda see the descending triangle you're talking about. tbh I'm not super confident in my pattern recognition skills yet. 1915 seems like a key level to watch tho, if it breaks lower it could be a good short opportunity? I'm still learning about confirmations and stuff.