Trader6127

ETHUSD - 20% Cyclical Trade?

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Trader6127 Diupdate   
BITFINEX:ETHUSD   Ethereum
Hey traders!

I'm looking at this short trade as we continue to trade below the EMA50. Some very interesting market structure here, and we can see a potential breakdown of this triangle.

***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Komentar:
At confirmation line!
Komentar:
Nice! Next is to take out this support with a daily candle close. RSI is blowing firmly behind our backs.
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Daily candle has closed below support. ;)
Komentar:
Almost at our TP box! The trading range will offer some support at $137ish where its likely to consolidate. I usually ride the selloffs until there is somekind of reversal given margin costs are not too bad.
Trading ditutup: target tercapai:
Yeeehaw!
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