ETH Short [Market Geometry/EW]
Updated
Another well deserved ETH short.
Wait for break of green support to enter short position.
Wait for break of green support to enter short position.
Trade active
Current 6hr candle getting lower and lower, if it closes below the green line, safe to assume it will continue to the yellow line; if breaks yellow safe to assume it will continue to orange, and so forth.Note
3hr chart with added Fibs to differentiate Note
Trade active
Enter long position if closes above the Blue curve connected to the swing highs.Trade active
Exit long position at 325 resistance, continuing with Short position.Note
also still continuing long-term downtrend.Trade active
Met resistance at the 318 mark, another resistance is at the 325 mark.Trade active
Still continuing long-term downtrend; broke past Fibonacci Arc support and now expected to retest green support.Trade active
Testing green fib arc support soon.Trade active
Forming downward biased triangleOrder cancelled
New Ethereum chart now available.Trade closed: target reached
Short position did hit successfully.
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