ETHUSD | 65% Daily Short Trade Setup
Confirmation: 168.86 (early) / 130.01 (late)
Invalidation: Local high
Type of Trade: Cyclical (EMA50 below EMA200)
Target: 55.46
TF: Daily
Leverage: 3x
Pattern: 1) bearish pattern with 2) previous bearish impulse wave, 3) EMA200 resistance, 4) limited 3/1 Gann, and 5) strong 1/4 Gann resistance.
Invalidation: Local high
Type of Trade: Cyclical (EMA50 below EMA200)
Target: 55.46
TF: Daily
Leverage: 3x
Pattern: 1) bearish pattern with 2) previous bearish impulse wave, 3) EMA200 resistance, 4) limited 3/1 Gann, and 5) strong 1/4 Gann resistance.
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