Ethereum Short Trade
Bearish Wave C ending, so we have last opportunity to short ETHUSD in a subwave configuration.
Estimated Wave 5 Target is 0.618 of Wave 0-3. I will use it as a target. Stop loss for this trade above wave 4 (wave 1 resistance).
Target: 694$
Stop Loss: 1025$
Estimated Wave (C) ending at 600$ price.
Estimated Wave 5 Target is 0.618 of Wave 0-3. I will use it as a target. Stop loss for this trade above wave 4 (wave 1 resistance).
Target: 694$
Stop Loss: 1025$
Estimated Wave (C) ending at 600$ price.
Trade active
Trade active
Trade closed: target reached
Manually close the trade in profit at 720Trade closed: target reached
Target reached as well. Plus we almost done to Estimated wave (C) end.
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Related publications
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.