🚨 Alert! For ETH/USD traders
Updated
My analysis:
🎯 Take-Profit Target: $1777 🎯
📈 Premium Fibonacci zone entry, markets are still pushing up however technical s indicate differently. the open closed below the close of previous day on the 4 hour time frame indicating bearish price action. Don't get tricked into buying. I looked for potential buyside liquidity where sell orders are being placed by institutional traders vs short term retail bias.
Trade wisely and seize the opportunities! 🚀📉💼
Update: Daily Candle Opening below the close of previous daily candle stick: confirming the change from bullish to bearish market sentiment.
🎯 Take-Profit Target: $1777 🎯
📈 Premium Fibonacci zone entry, markets are still pushing up however technical s indicate differently. the open closed below the close of previous day on the 4 hour time frame indicating bearish price action. Don't get tricked into buying. I looked for potential buyside liquidity where sell orders are being placed by institutional traders vs short term retail bias.
Trade wisely and seize the opportunities! 🚀📉💼
Update: Daily Candle Opening below the close of previous daily candle stick: confirming the change from bullish to bearish market sentiment.
Trade active
Stop loss trimmed higher: Divergence in price action sentiment and volume + RSI way overbought.
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