ETH short rejection at 1369-1376
ETH brooke down the wedge but has found support at DO, now is trying toget back up to resistance that start at 1366 up to 1377 where there are confluence point, I would short a rejection in this area down to DO again and after to 1345 and than 1331 in extension that is MO ; RSI 15M and 30M is overbought but 1H is oversold and 4H is neutral, i may expect another push up to resistance and than down or a pull back down now and a push up later , the issue wit shorting is that the formation is bullish as we can see a descendign broadening wedge forming so it is giving a mix signal, i still stay on the short side but i will pay a lot of attention on short at rejection becouse ETH may break up the resistance if the wedge play out or just have a fake break and short would be a profitable trade, lets see , i would not short here immediately becouse we are in a bullish formation, so just waiting time and make sure that the rejection occour prior shrting; if there is a break up the trade is invalidated
I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1 // POSITION 25%-100% // MULTIPLE IN AND OUT
IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA // DAY AND INTRADAY TRADING ONLY
MY TRADING RESULTS
# 28 TRADE PROFIT IN THE ROW
86% WIN IN SEPTEMBER
37 WIN, 3 BE, 3 LOST
CHECK ON MY TRADINGVIEW ACCOUNT
MY TRADING TIME 8 00 AM TO 9 00 PM (GMT+1)
I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1 // POSITION 25%-100% // MULTIPLE IN AND OUT
IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA // DAY AND INTRADAY TRADING ONLY
MY TRADING RESULTS
# 28 TRADE PROFIT IN THE ROW
86% WIN IN SEPTEMBER
37 WIN, 3 BE, 3 LOST
CHECK ON MY TRADINGVIEW ACCOUNT
MY TRADING TIME 8 00 AM TO 9 00 PM (GMT+1)
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