Stivste

02 Short on 15min - 010322

Short
Stivste Updated   
BINANCE:ETHGBP   None
BINANCE:ETHGBP

R/R ratio 1.56.
EMA 21 moving down to touch EMA 50 1D.
RSI close (yet still above) midline. It had crossed the signal line about 1.5 hrs before.
MACD crossed top-to-bottom the signal line (~40 min ago), trending down.

4H: Bull
D: Lateral
W: Lateral
Comment:
Graph is not updating however, price has been lateralizing as per D and W timeframes. Take profit previously set now sits outside the Bollinger Bands.
Trade needs closure at the highest profit within BB.
Trade closed: stop reached:
Stop loss triggered: price continued to lateralize before moving slightly further up (following the upper BB).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.