Hey y'all! I wanted show you in this post the scenario in which I'm looking to enter an ethereum trade. Remember, it's about finding 'the' trade, not 'a' trade. What I mean by this is that if this scenario doesn't play out, then I will simply look for my next opportunity, rather than force a trade that i am ill-prepared for. No need to force an entry, better to prepare for a scenario and if it strikes, we strike.
Nonetheless, here we are looking at eth on a higher time frame. Ultimately, I am looking for ETH to have a small pull back, and form the right shoulder for a massive inverse head and shoulders pattern. The green region is where I will look for entry, and the yellow line is around where I'd set my stop loss. Let me know if you have any questions, and react to this if you're going to ride this trade with me.
As Always, this is not financial advice, and I am not recommending this to anyone for their own use. This is merely how I am approaching the market. If you gained value from this analysis, be sure to like and follow the page. All followers may feel free to reach out through message to ask me any questions or concerns they may have!
Nonetheless, here we are looking at eth on a higher time frame. Ultimately, I am looking for ETH to have a small pull back, and form the right shoulder for a massive inverse head and shoulders pattern. The green region is where I will look for entry, and the yellow line is around where I'd set my stop loss. Let me know if you have any questions, and react to this if you're going to ride this trade with me.
As Always, this is not financial advice, and I am not recommending this to anyone for their own use. This is merely how I am approaching the market. If you gained value from this analysis, be sure to like and follow the page. All followers may feel free to reach out through message to ask me any questions or concerns they may have!