Patrick2707

ETH short - Swing trade

Short
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
Taken a nice swing trade on ETH last night.

ETH is at a pivotal point as discussed yesterday - but we are traders so we TRADE what the MARKET GIVES US

Easy short for now targeting 1940$

Entered on a 15 min FVG (perfect and fast entry - just like the inverted FVG from US 100) and price followed its bearish momentum.
Stops currently sitting at breakeven

Let's see IF we break through these lows and continue lowers during NY session.

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.