Bearish Gartley Alternative - ETHUSD
Here is an alternative harmonic that could be playing out for ETHUSD. This would have our target be around $1,250-$1,300, which is another level I was targeting yesterday. Then downwards to the 0.618, 1.272 and 1.618 of the AD leg, etc.
*THIS IS NOT TRADING ADVICE*
*THIS IS NOT TRADING ADVICE*
Trade active
Looking good. Watch for resistance to come in as we approach $1,250 and $1,300.Trade active
First target reached.Trade active
Stay the course.Trade closed: target reached
Late update (been moving), target hit beautifully. 1.618 target still possible.
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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.