2Wk·

📈 Take Profit #1 Reached on Ethereum

My first take-profit target on $ETH (+0.12%) has been reached, and the corresponding sell order was automatically triggered according to my pre-established Fibonacci levels.


This is exactly why I define entry points, take-profit levels, and risk parameters before opening a position. Having a clear plan helps remove emotions from the decision-making process and ensures that profits are systematically realized when the market moves in my favor.


By taking partial profits, I'm able to lock in gains while still maintaining exposure to potential further upside. This approach allows me to balance opportunity and risk without trying to predict the exact top.


No predictions, no emotions, no FOMO. Just executing the strategy as designed.


#trading
#long
#tradingstrategy
#bluechipfibonacci
#eth
#ethereum
#crypto
#mikeupegui

20.09
Ethereum logo
Sold at $2,673.09
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6 Comments

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How many target u have?
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@pelo for this $ETH position I set 5 targets. The first one was reached today.
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@MikeUpegui What percentage of your position have you sold now?
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@capital_captain_2693 Currently 20%. In total, there are five targets that I have set for this $ETH position, each representing 20% of the total position.
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@MikeUpegui do u will reinject this cash in the crypto sector?
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@pelo as this position hasn't been closed yet, I can't cash out at the moment. According to my Fibonacci strategy, this will happen when the fifth target is reached. I have just locked in some gains and am letting the strategy continue.
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