ETHUSD is forming a nice setup for end of wave 4 on the daily time frame.
If support trendline holds for the next few days look for an opportunity to go long. Initial target for Wave 5 is around 310-320
If the trendline is cleanly broken then we are looking at a sizable retracement down to around 200-180
If support trendline holds for the next few days look for an opportunity to go long. Initial target for Wave 5 is around 310-320
If the trendline is cleanly broken then we are looking at a sizable retracement down to around 200-180
Trade active:
Entered Long 1/3 @ 256
Trade closed: target reached:
Forgot to update the idea,
Took some profit around 262
the rest was stopped out at 253.80
Took some profit around 262
the rest was stopped out at 253.80