ETH Short idea
Updated
ETH losing some LTF MA, not showing much volume on dips
potential for breaskdown to lower support/liquidity.
TP1 @ £1778.
Tight SL as if we see a reclaim of MAs, likely to see a push up to nearest HTF resistance.
potential for breaskdown to lower support/liquidity.
TP1 @ £1778.
Tight SL as if we see a reclaim of MAs, likely to see a push up to nearest HTF resistance.
Trade active
lately found front running a level by $1-2 achieves more fills. TP1 hit, looking for a bounce now, potentially back to MA but volume not giving loads of confidence. If this level is lost, potential T2 is daily liquidity at $1750.
Trade active
TP2 HIT. More volume so look for mean reversion - but, Any further weakness and we could see $1620 for TP3Trade closed: target reached
TP3 All targets hit. complete lack of engagement on this trade - am i doing something wrong??
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