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The focus lately on ETHUSD derives from the Strong upmove over the last week. This has allowed us to change from our long to short bias in the near term as we move through our price channel.
We are going to look long AFTER a pending downmove, amongst the current approaching resistance and Key Moving averages. We can also short lightly to minor support mostly seen on TF’s like the one involved in this analysis.
Look to exit at the eclipse symbol area.
The focus lately on ETHUSD derives from the Strong upmove over the last week. This has allowed us to change from our long to short bias in the near term as we move through our price channel.
We are going to look long AFTER a pending downmove, amongst the current approaching resistance and Key Moving averages. We can also short lightly to minor support mostly seen on TF’s like the one involved in this analysis.
Look to exit at the eclipse symbol area.
Comment:
Exit for profit.
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Posts Not financial advice.