Etherium - Perfect trade

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Good morning all!

A stunning trade setup on Etherium if you get in quick. Price has very clearly found support at 178 and has created a pinbar/morning star signal. This is a very bullish chart price action.

Target : 249 (20%)

Good luck!

Sep 13
Trade active: Opened position at 212.87
Sep 17
Order cancelled: Price has taken another nosedive for Etherium. It looks as though my original upper trendline resistance was a bit too ambitious and was too close to our entry.

We now have a bearish engulfing signal appearing at that upper trendline and currently resting upon the 61% fib retracement. Seems likely that price will head lower from here. This is the risk with making counter-trend trades.

Trade cancelled.
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