SinSilyo

SinSilyo

Raw count

SinSilyo

i stand firm lol

SinSilyo

we should not close below the green dotted line coz it might be nasty >_<

SinSilyo

whats ur take?

SinSilyo

>_<

SinSilyo

>_<

SinSilyo

beautiful breakout

SinSilyo

were still creating lower low but we now sitting above 100ema and .236 fibs we should bounce up if we touch the green diagonal line

SinSilyo

scenario 2 is still in play so be careful

SinSilyo Updated 

this is my bias

SinSilyo

to enter trade determine price action in lower TF

SinSilyo

it ill create a higher low , long if it go lower tehn set a buy order in D

SinSilyo

ETH shares similar price movement as btc, i put 2 scenarios on this run tp1 and tp2

SinSilyo

short term long position

SinSilyo

X - A - B - C - D TP - target price invalid if we break the redline diagonal resistance

SinSilyo

i think its cypher, invalid if we dont break the top of A

SinSilyo

>_<

SinSilyo

i see 3 posibilities, to enter a trade we need to figure out price action on the lower timeframe by looking at the candle formation and boundiries