wolf_king888

📊#ETH long-short structure conversion, high probability bearish

Short
wolf_king888 Updated   
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
🧠Yesterday, we continued the strength of the bulls, but unfortunately, we failed to successfully challenge the former high, and began to fall, and the bull defense point was broken, which means that our bull structure was destroyed, which means that the double top bearish structure will have a high probability of subsequent continuation of the bearish force, so it is recommended not to be too optimistic.

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Trade closed: target reached
Trade closed: target reached:
📊 #ETH double top target has not been fully achieved, stay patient☕️

💥The long positions we made yesterday were reduced and then moved up to the break-even position, and some kept the original stop loss position unchanged, so when our long structure was destroyed, we chose to turn to short, I am glad that the market developed as expected, congratulations to the friends who followed the Wolf King to print money.💰🍻

🧠At present, our goal of a double-top short structure is not fully realized, we have just gone through a full Elliott pulse wave, which may be followed by a correction wave, and it may be wise to continue to be bearish after the rally📉

Let's see.👀

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