ETH 1588 Sell
Etherum finally completed my sell setup down towards 1588!
As always THANK YOU and if you found this video helpful, please let me know by hitting that like button and/or leaving me a comment below.
Also, feel free to share your opinion on this setup or other setups that you have. The more ideas we can generate together, the more informative these ideas become for newer traders. STAY BLESSED!
~T$
My entry was around 1775 when price broke the structure March 20. Price actually gave a break & retest of the structure level and 50EMA on March 21, giving a second opportunity to enter the trade. Also giving more confirmation for the continuation of the setup. My first targets were aimed around the 1700 whole level and -0.13 extension levels. After price found support and the buyers tried to regain control working up towards 1750, the sellers gained back momentum giving us our last strong bearish impulse down towards 1580 and -0.618 extension! I will now remain patient and wait for price to tell us what the next move is but only time will tell!
As always THANK YOU and if you found this video helpful, please let me know by hitting that like button and/or leaving me a comment below.
Also, feel free to share your opinion on this setup or other setups that you have. The more ideas we can generate together, the more informative these ideas become for newer traders. STAY BLESSED!
~T$
Related publications
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.