If ETHUSD can clear this resistance zone, it will be smooth sailing potentially to the 2K area. Took this trade earlier in the afternoon and capitalized on the short term on the uptrend here. I saw an opportunity to catch this and expected a bounce off the 13 EMA as its uptrend trail has done this multiple times. on the hourly and didn't see any signs of slowing down. Great separation between the 50 EMA as well. Placed my take profit nearing top of my zone and stop below the 50 EMA area for good measure. I did ADJUST my take profit when I saw the initial rejection at the long wick moved closer to the body of the swing high.
Simple 1:1 and I am continuously bullish on ETHUSD
Simple 1:1 and I am continuously bullish on ETHUSD
Trade closed: target reached:
BULLSEYE! 🎯