Shorting ETH until it fills the gap. Then I am long.
Opening a preemptive short here.
Adding to short on a break of the purple line. Depending on market conditions, could also be used as a take profit.
Orange line = Close all of my shorts if market looks too overextended OR close some of my short using the green lines as further short targets
Green lines = Short targets if overall market looks weak OR areas to begin building a long position.
Use stops at your own discretion.
Adding to short on a break of the purple line. Depending on market conditions, could also be used as a take profit.
Orange line = Close all of my shorts if market looks too overextended OR close some of my short using the green lines as further short targets
Green lines = Short targets if overall market looks weak OR areas to begin building a long position.
Use stops at your own discretion.
Trade closed: stop reached