Short term trade potential

3 בנוב׳ 2019

3-3-3-3-3 Triangle correction

Length of DE = .618 the length of BC

Into an area of heavy resistance.

Wyckoff Re-accumulation structure, with some distribution at the highs.

Sometimes you gotta go up before you continue down

3 בנוב׳ 2019

הערה

Obviously if it doesnt break a new high, be weary because you may see a giant ass red candle.

Potential targets in the red zones:

4 בנוב׳ 2019

הערה

I will not be taking ETH long but looking for short positions.

Here's your risk if you were to taking ETH Long:

It doesn't have to reach those liquidity zone up there. It seems like the demand is getting exhausted. Which may mean a small bounce before we head down