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May 17, 2021 11:24 AM

ETH - follow the channel Short

ETH Perpetual Futures ContractBinance

Description

ETH has been following our previous structure well.

Having taking profits last night, we are now looking to re-enter short.

Price is at mid-line resistance with bullish trend exhaustion showing on lower lower TF's.

We enter short with S/L at 3605 and Tgt of 3150.

Comment

We move our stop to breakeven now we have broken out from the underside of our lower TF channel....

Comment

Our profit target was reached - > $2000 banked

Comment

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