My first take-profit target on $ETH (-0,52 %) 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
