📈 Post: Share my Trading Operations
Today I opened a long position on ETH/USDT after observing a bullish engulfing candle on the 4H chart. I entered around $3,480 and placed my target at $3,580 with a tight stop loss at $3,440, aiming for a low-risk trade with ~2:1 reward ratio. I also used Binance Futures with isolated 10x leverage, keeping risk management in check.
My strategy was based on price action and RSI divergence, along with market sentiment improving after Powell’s remarks. I’m keeping a close eye on BTC movement as a macro trend indicator. Small, calculated trades like this help me stay consistent!