EthereumMis à jour Ethereum Analysis; Simple Price Action And Locking In Gains
Hey Traders,
The longer you leave profit taking, the larger the risk of not realizing profits you are taking.
This is something traders struggle with often as they do not understand the long term viability of any market and the study of higher time frame price action.
Seeing where orders are going in, and out of markets at any time is key.
You do this with simple price action rules.
The longer you leave profit taking, the larger the risk of not realizing profits you are taking.
This is something traders struggle with often as they do not understand the long term viability of any market and the study of higher time frame price action.
Seeing where orders are going in, and out of markets at any time is key.
You do this with simple price action rules.
Note
Consider locking in gains. Shorts must be miniscule if taken.Note
And further falls may come. Awaiting news sentiment.Note
Further rejection creeping into market as expected at current risk level. Not enough movement for any new entries.Note
Still no short. Ultimate TGT considered circa 786 and 886 fib area.Note
Very much ideal to lock in gains on re push after this latest price rejection.Note
If out on fall, Re short higher into weekendNote
Remember, no new longs unless you get huge pullbacks. Diminished longside value.Note
Stalling occurring as we reach historical PA. Levels Tested. This can only occur so many times, so proportionate gain taking to overall risk VS equity.Note
ETH pushing out of line higher VS BTC. certainly time to lock in gains. Would not be surprised if short side inflows occur soon at extremes.Note
You can see we are at the FIB levels mentioned (PA area 2).Note
and short side value taken by many. Still no longs until you can see significant falls.Note
No new longs until nearer 3300. Exit shorts similarly if taken.Note
Exit longs taken for gains on push.Note
further eth push, make sure you lock in gains.Note
Study liquidation areas noted for next rally. Markets likely to repeat.Note
No ideal long zones until much lower.Note
Same area 3X. Still hold off longs.Note
Longs only light (slightly lower)
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.