norok

Ethereum Manipulation at the Rally High

Short
norok Wizard Updated   
BITFINEX:ETHUSD   Ethereum
A few minutes ago there was a Spike Manipulation that triggered stops above the last Rally High on ETHUSD . This sets up a very low risk trade to short the rally back down to the 50% Retracement.

5 Minute trading timeframe:
Trade active:
Taking some profit at the 4-to-1 on some potential reversal price action.
Trade closed: target reached:
Target reached. I remain net short ETHUSD.

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