ETH our position is running in 0ver 120% profit after securing 3/4 targets we are continuing to run the trade risk free, now what im expecting to see is the same as BTC... market has made a nice bullish impulse and we are facing resistance and due a correction. On the daily market has also formed this nice W formation, after a W formation you expect market to go and complete the move at the neckline... this zone also lines up perfectly with structure, IF we will see a correction to this zone we will have a big inverted head and shoulders from a daily perspective and a nice Impulse correction impulse to capitalise on.... this is the zone i will be looking at compounding my position. IF your not already in the long this is a nice place to enter.
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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.