TradingView
vigneshraaja7
Jun 25, 2022 8:34 AM

ETH LONG Long

Ethereum / U.S. dollarBitstamp

Description

Hi every one,
- Inverse head and shoulders / triangle pattern is currently forming on 4 hours time rame
- RSI is above 60 in 4 Hour Time Frame
- Fib retracement 0.618 from swing high 1917 to swing low 880 is 1520.
This is only for education purpose only not a financial advice.

Comment

Retested the support and moving higher towards the next resistance

Trade closed: stop reached

Comments
vigneshraaja7
entry at retest is the best option
jobs_444
Right time to enter bro for longs or wait for retest btw nice analysis my friend
vigneshraaja7
@jobs_444 retest is the best option. Don't go with higher quantity. Add postions when there is price action along with Volume. don't forget its just for short time. it's bearish in longer time frame.
note: it's not a financial advise, please do your own research.
jobs_444
@vigneshraaja7 true bro tysm, you’re doing great 👍
More