ETH Bearish flag
A bearish flag seems likely to be forming on 
ETHUSD. It may be part of a larger ABC correction (wave 4). I’ll be looking for a break below the lower trend line of the bear flag to enter a short position. I’ll target between the 1:1 extension (ABC) and the 50% retracement of wave 3 ... $208 - $213.
ETHUSD. It may be part of a larger ABC correction (wave 4). I’ll be looking for a break below the lower trend line of the bear flag to enter a short position. I’ll target between the 1:1 extension (ABC) and the 50% retracement of wave 3 ... $208 - $213.Dagangan aktif
May have jumped the gun a little on this one. But, I’m in. Target and stop loss posted. Let’s see what happens.... Nota
I’ve adjusted my EW count and channel to a point where it seems to fit a little better. ETH is still working within the bear flag, but it is showing promise. A break above the channel would give me a bullish outlook. 
This is NOT financial advice - it's merely my opinion. Do your own research.
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And, unless you love losing money, ALWAYS use a stop-loss!
Happy Trading!
RP
Like.
Follow.
Please, comment / critique my posts.
And, unless you love losing money, ALWAYS use a stop-loss!
Happy Trading!
RP
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.
This is NOT financial advice - it's merely my opinion. Do your own research.
Like.
Follow.
Please, comment / critique my posts.
And, unless you love losing money, ALWAYS use a stop-loss!
Happy Trading!
RP
Like.
Follow.
Please, comment / critique my posts.
And, unless you love losing money, ALWAYS use a stop-loss!
Happy Trading!
RP
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.