Short opportunity for ETHUSD Short

Description

⋅ Jul 17, 2020 4:00 PM

ETHUSD has broken daily MA20 downwards. It is also overbought on the hourly chart. Bollinger Bands is narrow and stoch RSI is overbought and it is below hourly MA20. I expect price decline.

Here is my Bitmex trading idea:

Short @ 233.50-233
TP1: 230
TP2: 227.80
TP3: 225.20
TP4: 221.20
TP5: 216.60

SL: 239.10