ETH was met with strong selling pressure after breaking down out of a large bearish wedge.
The R:R is no longer here for shorts, so I will be trying longs at this structure level.
Target 1 is roughy 2k, could see 2025 2050. Target 2 in the area of 2100-2150.
Given the strength of the selling its likely that we only get a shallow pullback so be sure to take off risk if we hit target 1
The R:R is no longer here for shorts, so I will be trying longs at this structure level.
Target 1 is roughy 2k, could see 2025 2050. Target 2 in the area of 2100-2150.
Given the strength of the selling its likely that we only get a shallow pullback so be sure to take off risk if we hit target 1