$ETHUSD towards $1000,-
Pretty straight, clean and simple set up.
ETH is making a wild cycle up. just did 1st and 2nd leg. 2nd leg was correction and price broke already to the upside.
After a breakout, 9/10 a smaller correction follows and sort of retesting the trendline.
Wait for this pullback to hit the blue box, if you see some strong bullish price action you can enter the trade for a nice move up.
Targets determined with Fibonacci Extensions.
Happy trading!
ETH is making a wild cycle up. just did 1st and 2nd leg. 2nd leg was correction and price broke already to the upside.
After a breakout, 9/10 a smaller correction follows and sort of retesting the trendline.
Wait for this pullback to hit the blue box, if you see some strong bullish price action you can enter the trade for a nice move up.
Targets determined with Fibonacci Extensions.
Happy trading!
Note
Reached Potential Revesal Zone but more to come.Lets see if it starts a correction and where we can place 4 to determine 5
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Related publications
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.