ETHUSD is forming a nice setup for end of wave 4 on the daily time frame. If support trendline holds for the next few days look for an opportunity to go long. Initial target for Wave 5 is around 310-320 If the trendline is cleanly broken then we are looking at a sizable retracement down to around 200-180
Trade active
⋅
Entered Long 1/3 @ 256
Trade closed: target reached
⋅
Forgot to update the idea, Took some profit around 262 the rest was stopped out at 253.80