If we follow the trend we are still bearish!And this is the perfect point to entry short or sell eth if we are in eth!Our target is still 70-75 level and if our sl is at 110 than risk reward ratio is more than better!
If some spike hit our invalidation point(our sl is little above that line)than if have a back-test from there we can use that to to go with smaller loss or Break even because if hit the invalidation point than picture will changed and we are not bearish anymore!
If some spike hit our invalidation point(our sl is little above that line)than if have a back-test from there we can use that to to go with smaller loss or Break even because if hit the invalidation point than picture will changed and we are not bearish anymore!
Comment:
I forget to write that our count is for all this correction 3-3-5 formation what can see clearly now!
Let's maximize our probability the rest is only question of risk management!
DISCLAIMER
Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.
DISCLAIMER
Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.