ETHUSD not so clear anymore...
Updated
Hi everyone,
Yesterday was a "what the heck just happened!" day!
But clarity always comes from higher time frame (4h)
So, if I take the most aggressive count here, there is not much conviction behind, so I don't like to buy at current levels and would prefer to see the 5th wave completing and buy green 2 lower or if we have double correction from current levels (fail to take out 628.78 on this run).
So for now, I will watch and even change the degree in the count depending on the structure that develops. Still long from 530.00.
Trade safe!
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 04/06/2018-10/06/2018, I propose NEOUSD
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
Yesterday was a "what the heck just happened!" day!
But clarity always comes from higher time frame (4h)
So, if I take the most aggressive count here, there is not much conviction behind, so I don't like to buy at current levels and would prefer to see the 5th wave completing and buy green 2 lower or if we have double correction from current levels (fail to take out 628.78 on this run).
So for now, I will watch and even change the degree in the count depending on the structure that develops. Still long from 530.00.
Trade safe!
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 04/06/2018-10/06/2018, I propose NEOUSD
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
Note
alternate view was chosen4h remains unchanged but no motive from the lows does not make it so attractive...
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