eXposed

Great short entry setup here with ETHUSD Risk/Reward 6.22

Short
BITMEX:ETHUSD   None
With a Tenkan/Kijun HAPPEning as of right now, and the trend (both based on horizontal as well as TL's) looking very depressed, I see a very nice short entry here 131.7 ---I'm not big on Ichimoku but it's the only indicator besides volume clouding my screen, and it works out very well in crypto for certain setups, So yeah nice setup here if we caress 131.75, with TIGHT stop at 134.9 , tgt 112.50 so very decent R/R ratio ( 6.22 ) - Should be clear here, and I admit to already have taken a small positon but will wait for the bulk hopefully filled at the bounce at 131.75:
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.