ETHUSD Potential for Bullish Momentum | 4th Oct 2022

4 thg 10, 2022The price of ETHUSD on the H4 chart is only in a bearish trend. However, price has closed above the Ichimoku cloud, indicating a short-term shift in market direction to bullish. Looking for a buy entry at 1309.27 with a stop loss at the previous low of 1220.00. The take profit level will be 1420.74, which is the intersection of the 100% Fibonacci line and the previous swing low.

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