Manage your risks, Ethereum is bullish in bigger time frames but it won't go straight up to the previous high, when there is an impulse then there will be a correction that's why we are taking a risk entry at this point previous support became resistance at this time.
Previously, our trade took stop loss hope yall managed your risk but this time we still have a same plan with more confirmations. Fibonacci 23
Clear market structure idea, we can see new HH's also we might see that breakout (bullish pattern) as a New HIgher low. Fibonacci 0.38 is also extra confirmation for support level if this goes as we expected we can buy til fibonacci 0.78 please manage your risk if youre looking forward to trade on it.
As you can see, GBPJPY is about to collapse bulls are getting exhausted at this moment. We could confirm this by the candles when it gets near with the resistance level also fibonacci 0.61, their movement is getting slower than before that shows the bulls are exhausted. We can see lots of doji's spinning tops over there.
Longing EURJPY, til neckline. We dont need to wait for complete DOUBLE Bottom chart pattern.
Price action trading Target 1) 1.41000 Target 2) 1.40200 Stoploss 1.42300