ETH pushing to it's final target $6k

A 3 big move trade play on Ethereum spanning to Monday. Obviously I will short the final $6k target but that is for another post.


Trade 1: Long @ $4051 with a same day target at $4721.

Trade 2: Short @ $4721 with a target $3900.

Trade 3: Long @ $3900 to final target $6011.

Trade attivo:

Long $4051

Commento:

Added more to the long @ $4068 on this fake bear flag.

Commento:

Coming a huge green one, FOMO buyers about to enter.

Commento:

FOMO buyers will push ETH to $4.7k, from there down to $3900 or more for a brief moment to fill the Trade 3 buy limit.

Commento:

Ready to 🚀

Commento:

How do you create confidence in the markets? You lure the participant with an imaginary $4013 support!

I will add more ETH with a buy limit @ $4019.

Commento:

Filled, I will not do the trade plan. This is the setup I will do long sub $40xx closing on Monday when ETH hits the $6011 target.

Trade attivo

Commento:

Target expected on Wednesday-Thursday.

Commento:

Look at that, no strength for upside move. Crashing to $2240 today.

Trade chiuso manualmente:

Long closed with 213 pips profit. Will not short this since there will be a lot of short term volatility, option play will outperform short profit.

Next stop after $2240 will be the $968.