This is something what I watching atm for ETHUSDT.
Will post screenshots for possible long here (even from this level) but prefer to come to better buy zone with solid SL and very good R:R.
Anyway if I see run from ETHUSDT to that level where is strong confluence, golden pocket high to low, possible 1 to 1 extension and Crab harmonic pattern (appears often in B-C Elliott wave fractal) will watch for possible short (still will see how this develop in meantime.
Also can fit, maybe too perfect, in EW count where we have 5 waves down and in that point finish upper correction.
REMEMBER all this charts is education only based on harmonic patterns , Elliot waves and Fibonacci.
Will post screenshots for possible long here (even from this level) but prefer to come to better buy zone with solid SL and very good R:R.
Anyway if I see run from ETHUSDT to that level where is strong confluence, golden pocket high to low, possible 1 to 1 extension and Crab harmonic pattern (appears often in B-C Elliott wave fractal) will watch for possible short (still will see how this develop in meantime.
Also can fit, maybe too perfect, in EW count where we have 5 waves down and in that point finish upper correction.
REMEMBER all this charts is education only based on harmonic patterns , Elliot waves and Fibonacci.
Comment:
EW possible count
Comment:
Possible long with good R:R to support this idea up to PRZ for Crab harmonic