ETH Trade Setup

15 thg 3, 2021

I like taking trade setups that are easy to identify invalidation points. As we've hit a LTF liquidity area, it would now make logical sense to retest the local high. Simple trade. Invalidated with a break downwards out of the raising wedge. Upon a break upwards towards trend resistance, I'd move SL to the top of the raising wedge neckline to make it a risk-free trade if trend resistance holds and the price is pushed back down for further downside.