ETH Bearish flag
A bearish flag seems likely to be forming on 
ETHUSD. It may be part of a larger ABC correction (wave 4). I’ll be looking for a break below the lower trend line of the bear flag to enter a short position. I’ll target between the 1:1 extension (ABC) and the 50% retracement of wave 3 ... $208 - $213.
ETHUSD. It may be part of a larger ABC correction (wave 4). I’ll be looking for a break below the lower trend line of the bear flag to enter a short position. I’ll target between the 1:1 extension (ABC) and the 50% retracement of wave 3 ... $208 - $213.Transaction en cours
May have jumped the gun a little on this one. But, I’m in. Target and stop loss posted. Let’s see what happens.... Note
I’ve adjusted my EW count and channel to a point where it seems to fit a little better. ETH is still working within the bear flag, but it is showing promise. A break above the channel would give me a bullish outlook. 
This is NOT financial advice - it's merely my opinion. Do your own research.
Like.
Follow.
Please, comment / critique my posts.
And, unless you love losing money, ALWAYS use a stop-loss!
Happy Trading!
RP
Like.
Follow.
Please, comment / critique my posts.
And, unless you love losing money, ALWAYS use a stop-loss!
Happy Trading!
RP
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.
This is NOT financial advice - it's merely my opinion. Do your own research.
Like.
Follow.
Please, comment / critique my posts.
And, unless you love losing money, ALWAYS use a stop-loss!
Happy Trading!
RP
Like.
Follow.
Please, comment / critique my posts.
And, unless you love losing money, ALWAYS use a stop-loss!
Happy Trading!
RP
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.