Support tested - solid boucne, Ether looking higher!
Made a pretty good call yesterday, and we are now in a good position for a longer trade.
I took some small profits instead of closing my whole trade, as i originally planned to do.
It looks like we have a new trendline targeting previous support levels at 850 and 900€.
I think we will go there but,but expect a small decline or consolidation if we manage to touch 850€,
taking some profit would not be a bad idea at that point, as we might go back to confirm 800€ , which will act as a support until we can test the trendline again.
Don't have time to write as much as i wanted but you can see my projection and my idea how this will pan out.
Good luck fellas
I took some small profits instead of closing my whole trade, as i originally planned to do.
It looks like we have a new trendline targeting previous support levels at 850 and 900€.
I think we will go there but,but expect a small decline or consolidation if we manage to touch 850€,
taking some profit would not be a bad idea at that point, as we might go back to confirm 800€ , which will act as a support until we can test the trendline again.
Don't have time to write as much as i wanted but you can see my projection and my idea how this will pan out.
Good luck fellas
Nota
Huge sell wall appeared around 771€ after we got below 800€, this is just fear mongering, wall will probably get pulled as soon as it starts to get chunked. Expecting us to go above 800€ today again and resume towards the first target.
Dagangan ditutup secara manual
Closing this trade and waiting this one out, does not feel good right now and we could see the correction go further. Triangle formed yesterday at 1H chart = continuation pattern = further down.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.