AdamHong

ETHUSD: The 0.618RET and the Supply Zone

Short
AdamHong Updated   
BITFINEX:ETHUSD   Ethereum
The market has broken out the neckline of the short-term double top and is pulling it back now.
A good short place is at the 0.618RET where the Supply Zone works.
So it is good to sell at 170-176 levels when price action gives signals in the PRZ.
SL: above 189
TP1: 134.5
TP2: 110
TP3: 98.3 and further more
Order cancelled:
Unfortunately, the bullish candles broke out the PRZ.

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