I'm anticipating Ethereum to make and impulsive push to close the week above $3650
Stop $3581 or lower
Target :$3650-$3660
Roughly 3 RR trade.
I trade price action, trends, support and resistance with confluences like volume, certain time of day, fibs and EMA . I don't have any fundamental theory as to why the price will go up or down other than demand being more than supply or vice versa.
Stop $3581 or lower
Target :$3650-$3660
Roughly 3 RR trade.
I trade price action, trends, support and resistance with confluences like volume, certain time of day, fibs and EMA . I don't have any fundamental theory as to why the price will go up or down other than demand being more than supply or vice versa.
Note
Exited eth short early. Not getting enough volume. I think we gonna correct deeper first.Trade closed manually
Trade active
Volume spiked at 5 pm on the dot. Re entered longTrade closed manually
Closed out at 3650. Price spiked aggressively as anticipated in initial analysis. Saw btc rejecting key level and figure Eth might correlated so I exited
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.