I like the orderflow dynamics on ethereum with reaccumulation under the level where the previous rebound and consolidation occured, while this price is already discounted comparing to where we have been before i still leave some space for additional manipulation, we if dynamically move down though I will be waiting 2300-2400 to see anything from there, other than that this picture on 1H timeframe looks so nice
Trade active
Yesterday before CME close, covered up the positions and left only 25% hanging in profit, if there are no dynamic moves on the weekends and we get some good prices around the ep range, I would likely long again as Im still looking for the upsideNote
the entry point idea for this setup is right at the moment, I expect may be slight sweep once again with the open of the new week but then dynamically move to the ranges aboveTrade closed: target reached
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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.