Possible ETH Short to 1440 Longing from there!
Updated
Not certain yet but wanted to post it anyway. I need to see more divergences show up on the middle indicator, the H.Bearish on hte bottom one is not convincing me. It's a simple return to mean trade though and should be effective. In lower TFs sessions and MM kill zones are accounted for and labeled. This just shows the return to mean idea the best. Also lower TF's showing divergences already. Will attempt short to 1440 and want to long from there to $2325 but that will take time and patience. I just don't think we will see below 1440 till we see $2300. If $1220 is hit long is invalidated.
Not your financial advisor.. This is a rough idea and is very rushed cause I just happened to skim across it. Could easily continue up from here but a lot of bearish divergences on lower TFs.
Not your financial advisor.. This is a rough idea and is very rushed cause I just happened to skim across it. Could easily continue up from here but a lot of bearish divergences on lower TFs.
Trade active
Trade is looking good.. Bit slower then expected but this market is boring anyways. I usually set my stops higher then I put on here. This SL was a bit too tight but had it higher and added a bit more to it in the open short area. Taking some profits now and at each of the old strong support levels.Trade closed manually
1 Profit hit then SL triggered.Trade closed: stop reached
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