Today, I executed a simple yet well-planned swing trade on the ETH/USDT pair. While analyzing the 4-hour chart, I noticed a bullish flag pattern forming—a classic continuation signal. After patiently waiting for confirmation, I entered a long position right at the breakout point. I set my profit target at 5% above the breakout level and placed a tight stop-loss just below the consolidation zone to manage risk. The breakout was supported by increasing volume, and the RSI was comfortably below the overbought zone, adding further confidence. Within a few hours, the trade hit my target, confirming the setup. This experience reinforces how crucial technical patterns, risk-reward ratios, and disciplined execution are in trading. Even in volatile markets, applying a structured trading plan with proper risk management can lead to consistent and satisfying results. It’s a great reminder to stick to proven strategies and avoid impulsive decisions.
