ETH currently deviating the high of the 'weekly range'.
Already aggressively in a short (1886$) and will await for more PA and a a possible confirmation during Asia session to compound.
For the time being expecting further downside towards 1830$ and eventually back to the lows of the range.
RIGHT SIDE OF CHART ANNOTATIONS !!!
WHR - (weekly) high of range for this week
WMR - (weekly) mid range for this weel
WLR - (weekly) low of range or the week
Entry at market (aggressive)
TP 1830$
TP 1750$
TP 1660.65$
SL hard stops above daily highs (approx. 1950$ for breathing room)
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
Already aggressively in a short (1886$) and will await for more PA and a a possible confirmation during Asia session to compound.
For the time being expecting further downside towards 1830$ and eventually back to the lows of the range.
RIGHT SIDE OF CHART ANNOTATIONS !!!
WHR - (weekly) high of range for this week
WMR - (weekly) mid range for this weel
WLR - (weekly) low of range or the week
Entry at market (aggressive)
TP 1830$
TP 1750$
TP 1660.65$
SL hard stops above daily highs (approx. 1950$ for breathing room)
Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.