ETH retracment long setup
Got this intresting setup here.... some trendlines / support... co-insiding with fibb levels and longer term support / resistance.
Note
Note
mad wicks on the golden ratio line....Note
Quick update: went down to the 78.6% level before moving higher, i was anticipating another test of the 61.8 before heading upwards but the 78.6% was the best entry level here. Note
3hr chart looks cleanest... Note
taking some time to reach the first target.... patience pays Note
On a lower tf, looks to have broken up into a new range... Trade closed: target reached
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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.