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AlphaDreams
Jul 15, 2017 1:01 PM

ETH USD - Still in correction. 

Ethereum / DollarBitfinex

Description

If you are out, buy is once the correction channel is broken by one full candle closed fully outside of channel. Riskier traders can look for "one full candle closed fully outside of channel" on 4h or 1h timeframes.

Fisher has also not crossed down... yet; even though MA 68 has been crossed by price. That's a possible good sign that the drop is holding so far and may rebound unless it continues.

88.6 is a solid pullback / correction and is at 145.

Trade active

I have orders at:

180
175
160
150

Will wait for breakout to load larger.

Comment

back testing the break out and continue higher? We'll see.

Trade active

All of my orders above were filled. When it bounces at TL, I'll add larger.
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