Get started
Ethereum
Long
Updated

ETHUSD ABCD scenario possibility

453
A - B has to be 0.618 or 0.786 these are the most harmonic
AB 0.618 retracement = 1.618 BD
AB 0.786 retracement = 1.27 BD

So an ABCD scenario is possible
This would be the Bearish ABCD pattern
Trade closed: stop reached
selling started at the 0.618 fib retracement cancelling this idea see
ETHUSD fibonacci retracement
Trade active
well they sold and then it rocketed to D point. I think now is a good time to take some profits TP before going forward
Trade closed: target reached
Target was reached. To risky in my opinion to go long at this point
DaDude
AB=CD

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.
AB=CD
DaDude

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.