moontumble

ETH Bearish Bat: Short and long opportunities

Short
moontumble Updated   
BITFINEX:ETHUSD   Ethereum
I anticipate this to play out.

now that we punched trough the 61.8 pullback at B, we are likely to retrace to C, followed by a sustained pullback to D leg completion, short to Target 1, tight stop loss above Target 1, hunting Target 2, long on failure.

No trade advice, ensure your own due diligence.

Happy trading.
Comment:
Hitting support on falling trajectory

Comment:
Support found, anticipating some short term ping pong between support area and Gann resistance levels.

Trade closed: stop reached:
Price pullback on AB broke beyond 78.6%, stop loss triggered.
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