ETH-USD Selling Short (at first) Potential Down Wave C
Main Data:
Entering Selling Point 750.81$.
Indicator Top Signal-StopLoss :765.11$.
Basic Target: 618.97$.
R/R Ratio:9.59.
Commentary:
My vias spoile a potential B wave top at 765.11 $ but its potentiality extends in the whole red box zone.From there a falling Wave C is highly possible, pulling down prices to a Basic Target on 618-608 zone.
If it comes true, more falling targets would be available for wave C
Entering Selling Point 750.81$.
Indicator Top Signal-StopLoss :765.11$.
Basic Target: 618.97$.
R/R Ratio:9.59.
Commentary:
My vias spoile a potential B wave top at 765.11 $ but its potentiality extends in the whole red box zone.From there a falling Wave C is highly possible, pulling down prices to a Basic Target on 618-608 zone.
If it comes true, more falling targets would be available for wave C
Commento:
Stop Loss Break even.
Trade chiuso manualmente:
closed at 699.
But Target is still reachable.
But Target is still reachable.