Will be waiting for this moment ETHEREUM by ThinkingAntsOk
One of the ways we trade is based on creating filters on the chart and wait until those filters happen. That guarantees us that we will be trading high-quality setups.
Main items we can see on the Daily Chart:
a)The price is inside a Daily Correction (yellow lines)
b)Currently, the price is on a resistance zone + descending trendline (white line)
c)We can see that in the past a Corrective Structure was formed on the same zone and after that, a vast bullish movement came
d)We will be waiting for a similar structure (clear ABC pattern on the Daily Chart)
e)IF that happens, we will develop a Long trade with an entry on the breakout of the structure / Stop below the structure / Take Profit on the yellow descending trendline.
Main items we can see on the Daily Chart:
a)The price is inside a Daily Correction (yellow lines)
b)Currently, the price is on a resistance zone + descending trendline (white line)
c)We can see that in the past a Corrective Structure was formed on the same zone and after that, a vast bullish movement came
d)We will be waiting for a similar structure (clear ABC pattern on the Daily Chart)
e)IF that happens, we will develop a Long trade with an entry on the breakout of the structure / Stop below the structure / Take Profit on the yellow descending trendline.
