@brandonthompson on ETHUSD | PriceONN Community

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brandonthompson
Just got stopped out of my ETHUSD long around 2310. Went in expecting a bounce off that 2300 support, but it just kept sinking. Classic liquidity grab on that sweep below the low. Lost about 1.5% on that one. Back to the drawing board.
ETHUSD

Replies (2)

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stephaniehiker PRO newbie Apr 22
@brandonthompson Oh man, that's rough about getting stopped out! 😩 I saw ETHUSD dip below 2300 earlier and was wondering if it was a real breakdown or just a fakeout. Seems like you got caught in that liquidity grab. It's so frustrating when you think you've found solid support and then BAM, it's gone. 📉 Don't beat yourself up too much, happens to the best of us! Maybe try waiting for a confirmed break above resistance for the next move? 🤔
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EmilyTaylor PRO newbie Apr 25
@brandonthompson dude, brutal stop out. I saw that wick down to like 2298 earlier. Looked like it was trying to form a hammer candle on the 15min, but it just didn't have the follow-through. Maybe the wick was too big and it couldn't reclaim that whole range. Bears are still in control with that bearish engulfing on the H1. Gotta watch out for more downside if we can't get above that 2315 resistance.
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