BodiesXWix

$ETH - Bearish to start the week - Bullish to end *SMT*

COINBASE:ETHUSD   Ethereum
EDIT: MY BNAD FOR NOT STRETCHING OUT THE CHART OF HEAD O0F TIME, i WAS LOOKING AT ANOTHER CHART WHILE TYPING THE IDEA..... It's not pretty but I hope you get the point.

SMT= Smart Money Theory, Please See the related Tutorial regarding smart money principles.

Tripple high, possibly breaks a little higher, make people think it a break out and then it slams on the breaks and heads back down towards the two large fair value gaps and a "Missed opportunity gaP" to possibly the bullish OB (Order Block) that will probably happen around Thursday or Friday (between 1145 and 1135. Before having the weekly profile complete its task of creating wicked on both sides and creating the high and the low at the beginning and ef the week. It still has broken structurer and with two fairt value gaps belowe this only seems the most logical

Additionally we should ALWAYS Look at the commitment of traders indicator it is subject to provide such records for the CFTC. Here you can see a massive drop from longs to more net shjorts, which tells me a short is coming this way... or those p[eople that really study thjis and trade it a lot are not to bright


Heres the daily with no indicators except where the imbakances are, which is about all you need to know about ETH right meow.
chart
ENTRSANCE - 1315-1318
SL - 1360
take Profit - 1217
TP2 1151
TP3 - 1130

I know I fluibbed bad on the last one but last week was news heavy and the fundamentals had a lot to do with it. This week, not so much, so the technical analysis should win this week.

GL GT

BodiesXWix -
ETHUSD
ETHUSDT
ETHUSDT.P
ETH1!

You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.