ETH Weekly targets and hits and imbalance points.

Bear targets as the WK entered bear control -- We have a WK IMB area below - it was bumped but not full entered. The first low target was hit, then the bears allowed a bull move back up into a WK IMB area to grab some buyside liquidity to push down and take out the relatively equal lows marked by the purple lines - taking out - objective achieved (see target marks-red and bullseyes - green). We currently have an imbalance above and target below. Looks like we will want to enter the low side that was bumped first then I would look for bulls to push for the glaring imbalance above. So as we look at D and intraday charts, I am sell biased for now looking at 1000 (round number) and below 900 for targets on the sell side - Longer term I have alerts down at 1000 and 800 for buyside set ups on the lowers. Lets see how it develops over the coming weeks. Happing trading -- TheDOCH
Chart PatternsETHpriceactionpriceactionanalysisTrend AnalysisWeekly Charts

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