ETH Continues correction

Generally, I Always put LONG on ETH :)

That's because I know where we are going in the end.. But, we can still make profit on these drops and thus get more ETH.

I put short here for a change.
We can see ETH is preparing to re test the previous support we bounced off.
When we break the ascending support (dotted) is the moment we short all the way down to the support.

הערה:

Even if we have a H&S forming, it's possible ETH won't react to it and nullify it, so it's better to take the profit and reevaluate. Especially if we use leverage.

הערה:

We can close here for easy profit or extend short with less leverage as a bounce will probably come. How Big of a bounce? Probably to around 580.

הערה:

Looks like the Bounce was stopped out 576, Close enough? ;)
We can see that we are forming Another bearish Candle right now, so I'm expecting further decline...

הערה:

Pivot, i will Close my short and TP if we go above 580 :-)

עסקה סגורה: היעד הושג:

Not gonna close this, obvious stop loss hunting here. holding on to my trade a bit longer.

הערה:

Was ment to be a comment, not target reached. But, a close here will still be in profit. Keeping it open still to be clear.

הערה:

Reopened short from same position

הערה:

taking profit again :) waiting for entry in either direction.

הערה:

If we get rejected here again , expect a steep drop!

העסקה בוטלה באופן ידני:

Done shorting for now,
Got 2 short trades with some profits, looking to see if we can enter a long soon. Waiting for the signal for this. Look at my long chart for more information.

הערה:

will update at 20 likes :-)

הפקודה בוטלה

הערה:

UPDATE

הערה:

Here we learn patience :)