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ETHUSDT Wants to retest the monthly support on 1800 The market lost the support on 2460$ and retested as new resistance before a new bearish impulse until the monthly support on 1800$ The price is creating a pennant on the 4h timeframe, and the market created the demand zone on 1800$ How to approach it? IF the price is going to grave new liquidity from the demand zone, we can add in our watchlist in order to apply our rules for a new long position –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
6
CHF/JPY AnalysisWelcome back! Please support this idea with a LIKE if you find it useful. *** CHF/JPY - Play the recorded analysis and comment below with your thoughts or questions! Thanks for growing the community! :) We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian Kenya Horton, BK Forex Academy
by BKTradingAcademy