Short term trade potential
Updated
3-3-3-3-3 Triangle correction
Length of DE = .618 the length of BC
Into an area of heavy resistance.
Wyckoff Re-accumulation structure, with some distribution at the highs.
Sometimes you gotta go up before you continue down
Length of DE = .618 the length of BC
Into an area of heavy resistance.
Wyckoff Re-accumulation structure, with some distribution at the highs.
Sometimes you gotta go up before you continue down
Comment
Obviously if it doesnt break a new high, be weary because you may see a giant ass red candle.Potential targets in the red zones:
Comment
I will not be taking ETH long but looking for short positions.Here's your risk if you were to taking ETH Long:
It doesn't have to reach those liquidity zone up there. It seems like the demand is getting exhausted. Which may mean a small bounce before we head down
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