Eth has been bullish compared to BTC, so for me to trade this pair because it refused to make lower low but it also still took out some lows as an inducement to go short however, that's not the actually direction. It's direction is bullish to offset short traders. My possible scenario is for the market to trade into my zone at about 9:30am NY time today, then I can see what price is doing. If there be reasons to go long or short.
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Setup is about to take place, we're about trading below the london low.
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Stopped out from the trade, however, I still remain bullish. I wasn't expecting price to trade into that zone before 9:30 AM NY time. If price had traded in the zone at that time, then I would have seen reason to go long.
Still on a bullish trend
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WE're now bullish on the trade, i'm going in for the buy now