Pretty interesting to find this 4h breakout setup $ETH . Price has already surged quite strongly past 2308, and on the lower 15m timeframe, the candle rhythm still looks like buyers are maintaining control.
The price is indeed pulling quite far away from the EMA200, but the retest area near 2308-2320 still looks reasonably proportionate to hold. As long as the 2308 swing level doesn’t break back below, there’s still plenty of room to push toward 2343 to 2378. Just set a measured SL at 2294 to keep the position safe.
The price is indeed pulling quite far away from the EMA200, but the retest area near 2308-2320 still looks reasonably proportionate to hold. As long as the 2308 swing level doesn’t break back below, there’s still plenty of room to push toward 2343 to 2378. Just set a measured SL at 2294 to keep the position safe.