ETH has been following our previous structure well.
Having taking profits last night, we are now looking to re-enter short.
Price is at mid-line resistance with bullish trend exhaustion showing on lower lower TF's.
We enter short with S/L at 3605 and Tgt of 3150.
Having taking profits last night, we are now looking to re-enter short.
Price is at mid-line resistance with bullish trend exhaustion showing on lower lower TF's.
We enter short with S/L at 3605 and Tgt of 3150.
Note
We move our stop to breakeven now we have broken out from the underside of our lower TF channel....Note
Our profit target was reached - > $2000 bankedNote
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.