ETHUSD / Hit the fib.786 on the dot - with double TD9 triggering
ETHUSD looks primed for a drop
It just wicked the .786 fib exactly, with a TD9 on the 2h just triggered (on continuation, not confirmed yet) - and 1 more candle close for the 3h TD9 which will make a double TF TD9, which tends to be a strong reversal signal.
I have a feeling the MM are fake pumping this up to dump even more.
Its either that, or we will break resistance; but I am skeptical because this looks like a very traditional dump, pump, dump. zigzag pattern.
This is a pretty safe short with SL nice and tight above the fib.
wait for the 3h TD9, and there is also 1 more candle for a 4h as well.
so if it sustains, it could be a triple TD9 (2h, 3h, 4h)
It just wicked the .786 fib exactly, with a TD9 on the 2h just triggered (on continuation, not confirmed yet) - and 1 more candle close for the 3h TD9 which will make a double TF TD9, which tends to be a strong reversal signal.
I have a feeling the MM are fake pumping this up to dump even more.
Its either that, or we will break resistance; but I am skeptical because this looks like a very traditional dump, pump, dump. zigzag pattern.
This is a pretty safe short with SL nice and tight above the fib.
wait for the 3h TD9, and there is also 1 more candle for a 4h as well.
so if it sustains, it could be a triple TD9 (2h, 3h, 4h)
Trade closed: target reached:
woke up this morning and trade was already done.
put 65% take profit at 205.1
211.1 -> 205.1 on 5x leverage
so i have 35% left to ride and SL lowere down to break even.
i am not really expecting much more downside but its got potential to hit 200 again, so lets see how the long weekend games play out.
ez trade when all market indicators line up.
free money.
put 65% take profit at 205.1
211.1 -> 205.1 on 5x leverage
so i have 35% left to ride and SL lowere down to break even.
i am not really expecting much more downside but its got potential to hit 200 again, so lets see how the long weekend games play out.
ez trade when all market indicators line up.
free money.
Comment:
Comment:
this was the 3h TD9
Comment:
and we had a 30m last minute TD9 confirmation to enter the trade as well