ETH TA

Oct 28, 2022

Bull Trap!
Reasons:

TA Perspective:

- Strong Trendline Resistance @HTF.

- H4 Unmitigated Order block/Supply

- Respecting Fib level 0.618

- Showing Hidden Bearish Divergence

FA Perspective:

- FEDS ANNOUNCEMENT OF LATEST INTEREST RATE ON NOV. 3

Oct 28, 2022

Note

Once the trendline resistance reached, massive dump incoming.

Nov 1, 2022

Trade active

Note: This was started 2 days ago, and I already put my short position. Nov. 2 is the official date of Feds interest rate announcement; Nov. 3 is within my time zone. Cheers

Nov 9, 2022

Note

So far so good ✅