ETHUSD POTENTIAL SHORT
Price went to my 620 target. Closed out the remaining 50%
There could be a potential short somewhere around these levels, I will keep monitoring as price has slowed down on the LTF.
There is no reason for price not to pump straight to 700 then 820 as mentioned in my previous post. I’m not willing to marry either side of this trade therefore I will be looking to hedge it at every opportunity.
The main reasoning behind my thinking are the inefficiencies the market has left below, these will need to be visited sooner or later.
Moves like these are often followed by crashes. One my or might not be coming in the early months of next year.
Let’s see what happens
There could be a potential short somewhere around these levels, I will keep monitoring as price has slowed down on the LTF.
There is no reason for price not to pump straight to 700 then 820 as mentioned in my previous post. I’m not willing to marry either side of this trade therefore I will be looking to hedge it at every opportunity.
The main reasoning behind my thinking are the inefficiencies the market has left below, these will need to be visited sooner or later.
Moves like these are often followed by crashes. One my or might not be coming in the early months of next year.
Let’s see what happens
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