Get started
Ethereum / Euro
Short

Short ethereum assuming parallelity and Impulse wave completion

By tradeXappearance
EthEur completed five Elliot waves with bearish RSI divergence. Volume spike during the ending fifth wave. Upper channel border was hit at the top of the move. Assuming channel parallelity and utilizing Fibonacci retracement our short target is between 91.02 and 95.57 EUR.
ETHEURTechnical IndicatorsWave Analysis
tradeXappearance

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.