Crypto-Frantisek

ETH TODAY SHORT

Short
Crypto-Frantisek Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
HELLO TRADERS,

Yesterday we managed to short eth from 1255 but unfortunately during the ASIA SESSION the dollar weakened and our trade ended at BE

We are currently seeing a bounce from our 1275 zone and I think we can continue further lower today
Trade closed: stop reached:
US PPI realease was lower than expected, dollar takes another hit, maybe inflation peaked ? we will see in thursday on EU CPI release
Comment:
As you can currently see, the direction was correct, unfortunately there was a smaller stop-loss hunt

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