KABHI_FOREX_TRADING

Sell ETHUSDT Bearish Pennant

שורט
KABHI_FOREX_TRADING מעודכן   
BINANCE:ETHUSDT   Ethereum / TetherUS
The ETH/USDT (Ethereum) pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant patten.

Potential Short Trade :

Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 3020 or lower if the price continues to decline.

Target Levels:
2764: This target is achieved by measuring the height of the flagpole (initial downtrend before the pennant) and projecting it downwards from the breakout point.
2692: This is a further extension of the downside target, based on roughly twice the height of the flagpole.

Stop-Loss: Once the entry point is confirmed, place a stop-loss order above the broken support line of the pennant, ideally with some buffer around 3040. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.

Thank you.
הערה:
Today High Impact News :⚠️
🔖USD - NFP
🔖USD - Unemployment Rate
עסקה פעילה
עסקה סגורה: הגיע לסטופ

👉👉 Join My Telegram Channel :

✳️✳️ Free Forex Signals & Technical Chart : telegram.me/kabhifx


📞📞Whatsapp me @ (+91) 97888-12123
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.