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TraderE9
Sep 8, 2021 2:48 PM

ETH deep retracment Long

Description

Here we have to watch ETH, the previous entry was fulfilled and exceeded expectations...

We had a violent move to downside yesterday, holding out on its previous level of resistance as can be seen on this chart, it is the peak of the previous entry.

Monitoring a new fibb measurement we can see 78.6 was closed on this morning, being touched twice now. Strcuture still looks in tact, all is good, especialy with the trendline supporting also.

Will be entering in and around 61.8-78.6 (around the trendline)

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Looking for support here...

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a different view to above:

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Higher timeframe... C&H:

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30m tf: channel within a channel:

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Potential ADAM & EVE also...

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Ok, midline of channel... supporting...

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stil trying to flush out traders, this is where we are for the moment...

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