ETHUSD: Triangle Formation, Divergence! Why we should Short Sell
Hello guys! As we can see in Eth/US dollar, we have an EffDI(my indicator, use it :D) Divergence.
Why we should short Ethereum/US DOllar:
On top of that, we also completed the 5-wave chart, and a double top was formed.
Price also struggles to break the EMA 9, in a Triangle formation!
Therefore I recommend:
Enter the Short when the price breaks down the triangle.
We exit at around $1000(because 1000 is a BIG psychological number), giving us an 8% profit!
Cheers, profits!
WANT MORE PROFIT-MAKING IDEAS? FOLLOW @Trader_ph! Cheers!
Why we should short Ethereum/US DOllar:
On top of that, we also completed the 5-wave chart, and a double top was formed.
Price also struggles to break the EMA 9, in a Triangle formation!
Therefore I recommend:
Enter the Short when the price breaks down the triangle.
We exit at around $1000(because 1000 is a BIG psychological number), giving us an 8% profit!
Cheers, profits!
WANT MORE PROFIT-MAKING IDEAS? FOLLOW @Trader_ph! Cheers!
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Whoops! Stop loss hit! Everyone makes mistakes. Fail = Experience = Learning = Success(not full formula)
