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Friday, September 25, 2020

ETHUSD H4: RESHORT IT! 30% correction.(SL/TP)(NEW)

ETHUSD H4: RESHORT IT! 30% correction.(SL/TP)(NEW)


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ETHUSD H4: RESHORT IT! 30% correction.(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect short-term
gains in EHTUSD before reversal later
at/near 380 USD (BEARS)

๐Ÿ”ธ Summary and potential trade setup
::: ETHUSD 4hour chart review/outlook
::: reshort it and get paid
::: BEAR MODE is on right now
::: distribution in progress
::: short-term BULLISH
::: will likely re-test range highs
::: near 380 USD
::: BEARS get ready to RESHORT IT later
::: higher risk setup: LONG at MARKET TP 380 USD
::: recommended strategy: SHORT IT / SHORT rips/rallies
::: ENTRY NEAR 380 USD SL 400 USD TP1 300 USD TP2 275 USD
::: correction not over yet
::: up to 30% downside remains
::: good luck traders!
::: SHORT and get paid. period.
๐Ÿ”ธ Supply/Demand Zones
::: N/A
::: N/A
๐Ÿ”ธ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/275 USD
::: Sentiment outlook short-term: BULLS/RALLY

from Trading Ideas
via gqrds

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