bearish divergance on RSI and Volume too Short positions can be opened EP CMP TP1 1.20952 TP2 1.20625 SL 1.21849
Longing it if it breaks the resistance EP 6850 SL 6773 TP 6934
Wait for LH to form then short it by keeping LH as Stoploss
On 1HR TF last day defined HL now its going to make HH so TP1 will be around previous HH 1.08925 then next TP will be 1.10676
ETH is trading between range it has tested the upper resistance and price is likely to go down in lower timeframes But if you look in higher timeframe like Day it still seems bullish but Higher low is yet to be made so for shorter period sell it and keep looking at FIB retracment levels if bullish candle shows up book the profits snd long it
downtrend is going on with HH and HL on higher timeframe For now price will move up and down in parallel channel good opportunity for scalping wait for the breakdown and watch for the FIB levels for the TPs Simple and clear
rising channel is formed it it breaks the trendline price will go up otherwise it can come down
Plan A 1) Short from entry point as HH is formed 2) book profits from trendline Plan B 1) Wait for HL then take entry
Plan A 1) price is moving between to levels 1) If resistance is brkoen then long it to TP1 Plan B 1) As distrubution phase is going on price will likely go down if its goes down then short it to 132.480
Double top is formed price is expected to go down first tp will be 1.20197 next tp will be 1.9243 next tp will be 1.17800 also in 1 day TF we can see double top formed in 5 years analysis so price is expected to go down
Price will go up and then it will go down as LL and LH are being formed
Major support if broken then price will likely go down if not then price will go up Also in daily TF HH is formed for HL price is expected to go down if Support is broken then price will go down
Bearish engulfing candle formed and new HH hasn't formed so price is likely to go down
Waiting for the next candle if it closes above R1=330.5, which is major resistance, then we can see a rally to R2=358.2 if not then price can come back to 312 to maor support
R1 is a very strong resistance from previous history if broken then it will go up that's why placing buy stop order if it breaks resistance
Morning star alonf with inside bar in formation wait for candle closure and see if green candle closes above support then long It if not then short it
a very strong resistance at R1 it will retest it and come down then it will go upwards to make a rally as cup and handle pattern is being formed waiting for the price to retest at R1 then decide accordingly