4H
Eth has been trending sideways after a big run up, finally broken to the downside with a LL
1H
Potential bear flag forming, currently price is at 4H res and the 50 Fib, which I expect to act as strong resistance.
CCI Showing divergence and turned down, steamroller turned down.
Multiple large wicks to the upside.
Eth has been trending sideways after a big run up, finally broken to the downside with a LL
1H
Potential bear flag forming, currently price is at 4H res and the 50 Fib, which I expect to act as strong resistance.
CCI Showing divergence and turned down, steamroller turned down.
Multiple large wicks to the upside.
Trade active:
LL formed, Stop loss moved down to reduce exposure
Trade closed: stop reached:
Came back and stopped out for a 0.2R small loss, showing the importance of trade management. "Let winners run and cut losses short"