ETH Continues correction

Generally, I Always put LONG on ETH :)

That's because I know where we are going in the end.. But, we can still make profit on these drops and thus get more ETH.

I put short here for a change.
We can see ETH is preparing to re test the previous support we bounced off.
When we break the ascending support (dotted) is the moment we short all the way down to the support.

코멘트:

Even if we have a H&S forming, it's possible ETH won't react to it and nullify it, so it's better to take the profit and reevaluate. Especially if we use leverage.

코멘트:

We can close here for easy profit or extend short with less leverage as a bounce will probably come. How Big of a bounce? Probably to around 580.

코멘트:

Looks like the Bounce was stopped out 576, Close enough? ;)
We can see that we are forming Another bearish Candle right now, so I'm expecting further decline...

코멘트:

Pivot, i will Close my short and TP if we go above 580 :-)

거래청산: 타겟 닿음:

Not gonna close this, obvious stop loss hunting here. holding on to my trade a bit longer.

코멘트:

Was ment to be a comment, not target reached. But, a close here will still be in profit. Keeping it open still to be clear.

코멘트:

Reopened short from same position

코멘트:

taking profit again :) waiting for entry in either direction.

코멘트:

If we get rejected here again , expect a steep drop!

매매 수동청산:

Done shorting for now,
Got 2 short trades with some profits, looking to see if we can enter a long soon. Waiting for the signal for this. Look at my long chart for more information.

코멘트:

will update at 20 likes :-)

주문취소됨

코멘트:

UPDATE

코멘트:

Here we learn patience :)