ETH Short Trade Breakdown – 1.74R Win

Sharing a clean and well-planned short trade I executed on ETH, based on a range trading strategy.

The setup was straightforward but powerful:

I identified a clear range formation on the chart.

Price moved above the range high, creating a strong wick rejection, signaling potential exhaustion of buyers.

I waited for confirmation, then entered a short position just above the wick, with my stop-loss placed slightly above the wick for protection.

My take-profit target was set at the mid-range level, where price often reacts during range plays.

The trade worked out exactly as planned and delivered a 1.74 Risk-to-Reward (RR) ratio. These kinds of setups prove how effective it can be to trade with structure, patience, and discipline.

Executed with confidence, backed by a simple yet effective range strategy.

#ETH $ETH #short #cryptotrading #RiskManagement #TechnicalAnalysis