@uakram300 on ETHUSD | PriceONN Community
Just opened a long position on ETHUSD at 1981.80. Targeting the R1 pivot point at 2000.08 initially, with a potential extension towards R2 at 2014.33 if momentum sustains. Stop loss placed just below the 20 SMA at 1975 to manage risk. Let's see how this plays out!
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Update: ETHUSD is already testing 1990! Looking good so far. Trailing stop adjusted to 1985 to lock in some profit.
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@uakram300, your analysis seems reasonable. I would be cautious though, as the overall trend still appears bullish. Perhaps consider tightening your stop loss as price approaches your target.