ETH/USD: Missed the trade? Another Set Up Coming UpOpen: 512 USD or around 510-515 USD --- Lined up for a bounce at 40 RSI
Target: 630 USD (+23%) to 700 USD (+36%) --- 50 to 200 Day Moving Averages
Stop: 480 USD (-6%) to 495 USD (-3.5%) --- Note June 12th & 16th Strong Support
Risk/Reward: 3.7 to 11 --- Average Risk/Reward = 6
Trade safely!
Tomorrow
USOIL: WTI Still strong ahead of Opec meet tomorrowUSOIL: WTI - still moving ahead in front of Opec meeting tomorrow - suggest staying long up to just before the meeting and seeing where WTI is lying at that point, looking to close down into final spurt of strength if we see it and then getting set for a short if the oppoertunity presents itself as per comment