ETHUSD Possible Trendchange to LONG
Hello to all watching my charts
Here in the Ethereum / USD pair we have a nice situation:
On my longer trendchannel (lines in RED)
we are still on the short side
But i have added now here a my shorter time Trendchannel with 1/2 of the lenght
and as you can see, in that timeframe we are long now !
That happens a lot of time. (different situation longer to shorter timeframe)
-
I think we have to check now:
Jump ETHUSD above the upper trend line at 272 USD
and the Long is confirmed
OR
Does the pairs pull back at that line and short is still
the way to go.
Both is posible.
In first case the shortchannel is to see as bull flag (thats possible)
But always this rules all in my oppinion :
Dont trade what you suggest that will come in the future , trade
only what really happens.
So we have to wait for the long signal , i think , when its confirmed
I will update it
And if you want to support my work and charts please like them....
Good trades
Renkotrade
Here in the Ethereum / USD pair we have a nice situation:
On my longer trendchannel (lines in RED)
we are still on the short side
But i have added now here a my shorter time Trendchannel with 1/2 of the lenght
and as you can see, in that timeframe we are long now !
That happens a lot of time. (different situation longer to shorter timeframe)
-
I think we have to check now:
Jump ETHUSD above the upper trend line at 272 USD
and the Long is confirmed
OR
Does the pairs pull back at that line and short is still
the way to go.
Both is posible.
In first case the shortchannel is to see as bull flag (thats possible)
But always this rules all in my oppinion :
Dont trade what you suggest that will come in the future , trade
only what really happens.
So we have to wait for the long signal , i think , when its confirmed
I will update it
And if you want to support my work and charts please like them....
Good trades
Renkotrade
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