ETH has been following our previous structure well.
Having taking profits last night, we are now looking to re-enter short.
Price is at mid-line resistance with bullish trend exhaustion showing on lower lower TF's.
We enter short with S/L at 3605 and Tgt of 3150.
Having taking profits last night, we are now looking to re-enter short.
Price is at mid-line resistance with bullish trend exhaustion showing on lower lower TF's.
We enter short with S/L at 3605 and Tgt of 3150.
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We move our stop to breakeven now we have broken out from the underside of our lower TF channel....
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Our profit target was reached - > $2000 banked
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Trade Review shown below