#TradeOfTheWeek
Asset: $ETH (Ethereum)
Direction: Long
Entry: $1,840
Exit: $2,180
Strategy: Breakout + Retest from Ascending Triangle
Timeframe: 4H
Reasoning:
ETH formed a clean ascending triangle just below key resistance
Breakout confirmed with strong bullish volume
Waited for a retest of the breakout zone before entering
Took profit near psychological resistance at $3,200
Result: +8.16% gain
Why it stood out:
High confluence setup with clear structure
Patience on retest maximized risk-reward
Smooth execution with tight stop-loss