Patrick2707

ETH short - day trade

Short
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
ETH currently trading back towards the 1H void gap (yellow box).
Expect it to be traded through and deviate before retesting the lows of the range.

Void gap sits around 1815$

Bearish plan remains the same and will look to start opening short positions around 1815$
Hard stops above range high

Entry after deviation of 1815$
TP 1800$
TP 1780$
SL above 1820$

Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.
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