Trade Journal: Buy Order ETH (downtrend breakout)
7-14-22
Placed a leveraged SMALL BUY order on ETH at 1120.00 assuming price will come down and retest the RED downtrend.
Stop/Loss 1012.00
Close Profit 1275 partial, 1350 Full close
Price has strong momentum which will likely carry over the weekend. Price is slightly over-extended and if it returns to test the downtrend, my BUY order will go through.
SMALL POSITION, HIGH RISK.
Risk/reward 1:2
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