Ethereum Mid Week Update - Swing Long Idea

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📈 Market Context:
ETH remains in a healthy bullish structure. Despite the recent retracement, price action is still supported by strong demand zones on higher timeframes. No change in the overall sentiment from earlier this week.

🧾 Weekly Recap:
• Price rejected from the Fibonacci 0.5 EQ level — a discounted zone in my model.
• While doing so, it also ran 4H swing liquidity.
• After taking liquidity, ETH formed a 1H demand zone — a sign to look for lower timeframe confirmations for long setups.

📌 Technical Outlook:
→ Price has already tapped into the 1H demand zone.
→ From here, we have two possible scenarios:

Black scenario (ideal):
• Wait for 15M bullish break of structure (BOS).
• Enter after confirmation for long setups from 1H demand.

Blue scenario (deeper retrace):
• If no bounce from 1H demand, expect price to dip toward 0.75 Fib level (max discount).
• Watch for another liquidity run & 1H–4H demand formation.

🎯 Setup Trigger:
✅ 15M bullish BOS inside 1H or 4H demand zones
→ This would be the entry confirmation trigger for longs.

📋 Trade Management:
• Stoploss: Below the swing low of the 15M BOS
• Target: 4090$

💬 Like, follow, and drop a comment if this outlook helped — and stay tuned for more setups each week!

Penafian

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