ETH LONG COUNTERTREND SETUP AFTER SWING LOW SSL RUN
Day's Bias: Short Term Bullish
Plot:
ETH and BTC had a very strong impulse move the past few days.
Recently an HTF Swing Low had been taken out.
LTF liquidity run is present, taking out the low of the Asian Range entering the London Open.
Long Entry Setup found in the London Open.
Targeting GAPs left on the last leg on the last run down.
Trade shall be closed if target not yet reached by end of NY Session.
Plot:
ETH and BTC had a very strong impulse move the past few days.
Recently an HTF Swing Low had been taken out.
LTF liquidity run is present, taking out the low of the Asian Range entering the London Open.
Long Entry Setup found in the London Open.
Targeting GAPs left on the last leg on the last run down.
Trade shall be closed if target not yet reached by end of NY Session.
Trade active:
Moved TP to $1168.08. 50% Retrace from last swing downward.
Trade closed: stop reached