ETHUSD Bull Signal on 4HR Timeframe

15 Sep 2017

ETHUSD recently touched the lower trendline and bounced sharply.
On the 4HR timeframe using Supertrend, there's a Bull signal setup on ETHUSD if close > 273.25
Also looking for Bull signal confirmation on CM Ultimate



*Trade at your own risk. Not investment advice.

16 Sep 2017

Nota

Trade may trigger this H4, currently ~ 274.

16 Sep 2017

Nota

No trigger yet. Still watching.

18 Sep 2017

Dagangan aktif

Trade Triggered on: 9/17 at 21:00 PST @ 282.29
Confirmed: CM Ultimate
Next signal on watch: 8HR Bull signal with close > 300.59
1st target: 353
2nd target: 405

21 Sep 2017

Nota

No danger yet in my eyes, possibly just a re-trace. My stop is close under 253.76 on 4HR chart. The lower long-term trendline is where the real danger is, and that's ~ 208 and rising.

To Note: On last big up-thrust, starting with first green Supertrend signal on 7/17 and second signal on 7/29, the second signal was when the real move happened. So, even if we get a 4HR sell signal it may be a very small correction, I'm buying large on the 2nd 4HR buy signal if the pattern is similar to what happened last time.

28 Sep 2017

Nota

Looking back at my previous comment, the 4HR Chart held up, and the 8HR bull signal just confirmed. Looking for 353 next, then 405.