WicktatorFX

ETHEREUM -Reversal Pattern Forming 🚀

WicktatorFX Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
In our last post we identified that we're in the final 5th wave. This wave has 5 subwaves.

We've seen wave 1 and now we're in wave 2, which is a correction. Expecting wave 3 lower.

Trade Idea:
- Watch for wave 3 to break the red trendline for confirmation
- For a risk entry, watch for a rejection of lower timeframe fib levels or lower timeframe trendline break or BOS
- stoploss should be above the correction once the red trendline breaks
- Targets: 890, 800, actively manage the rest

Once we're in the 5th wave, we can look for possible reversal zones and ways to confirm that the reversal is happening. Make sure to keep a look out for the updates!

Goodluck and as always, trade safe!
Comment:
Saveable Post


Want more chart ups like this? Click the links below:

Forex: t.me/Wicktator

Crypto: t.me/Crypto_Wick

Forex VIP: t.me/WicktatatorVIP_bot

Crypto VIP: t.me/CryptoWickBot
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.