ETH Gameplan for the week
Updated
Continuation protocol
On a daily basis, I'm working with a bearish BIAS.
I’d like to see a run to the high from Friday the 6th. Maybe tomorrow with CPI, to take buy stops and then distribute in the direction of the HTF bias.
On a daily basis, I'm working with a bearish BIAS.
I’d like to see a run to the high from Friday the 6th. Maybe tomorrow with CPI, to take buy stops and then distribute in the direction of the HTF bias.
Trade active
The price respects the FVG high of 2437.37 and shows a good sell-off over the weekend. Given that we have the interest rate decision coming up this week, I will take a defensive approach. To remain bearish, the price should not close above 2391.85.Trade closed manually
Price trade to the outlined 2391.85 level and respects it.
FOMC and Interest rates release 2PM EST today. Lets see what price delivers.
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