ETH (plan in progress) — Setup Only Valid on Reclaim

1 Jun

ETH is consolidating beneath key resistance at $2,738, failing to show bullish continuation. The current zone offers no valid long setup until structure confirms. Eyes remain on range low sweeps and reclaim triggers.

Plan:
✅ Main Long Trigger: Reclaim of $2,240–2,250 range low
• Must see price sweep and reclaim local lows or green SR
• No setup above current levels — wait for plan to trigger
• First target: $2,738
• Main target: $4,093

🟩 FVG Demand Zone (Ultimate Dip Buy): $2,080–1,800
Unlikely to tag, but if reached — high conviction buy zone.

🚫 Break Below $2,079 → increased risk of deeper drop
• Exit bias if structure breaks down below green zone

Summary:
Let the price come to the plan — no need to chase. Focus is on range low reclaim or FVG tag as entry catalysts. Don’t long mid-range without confirmation.

📌 Discipline is an edge — great entries come to those who wait.

22 Jun

Nota

No Change: Do not chase longs unless either:

ETH sweeps and reclaims the range low ($2,240–2,250), or

FVG demand zone ($2,080–1,800) gets tagged and shows a strong reaction.

If price breaks below $2,079 and holds, increase caution — risk of an accelerated move lower.

If a reclaim trigger activates, revisit long targets ($2,738 and $4,093).

Summary:
Sticking to the original thesis: discipline paid off — no long entries triggered, no drawdown taken. Wait for a reclaim or FVG flush to get aggressive. The best trades come to you, not the other way around.