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bl4ckoffee
Nov 21, 2022 11:03 AM

ETH LONG COUNTERTREND SETUP AFTER SWING LOW SSL RUN Long

Ether / United States DollarCoinbase

Description

Day's Bias: Short Term Bullish

Plot:
ETH and BTC had a very strong impulse move the past few days.
Recently an HTF Swing Low had been taken out.
LTF liquidity run is present, taking out the low of the Asian Range entering the London Open.
Long Entry Setup found in the London Open.
Targeting GAPs left on the last leg on the last run down.
Trade shall be closed if target not yet reached by end of NY Session.

Trade active

Moved TP to $1168.08. 50% Retrace from last swing downward.

Trade closed: stop reached

Comments
bl4ckoffee
Waiting for a more clear scenario, this might just drop below $1000 in a flash.
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