Hey traders,
Price action is committing very well to structure, and ETH/BTC is also showing a bullish structure. I've entered the swing trade and expect to scale in further as price continues to commit.
PA has swept the lows and is currently forming a 3-touch flag, having swept the inflection point on the LTF. Ideally, I would have preferred a sharper execution, but this entry is sufficient for now. I’ll look to add to the position if the market allows and once I can take risk off the table.
ETHUSD

ETHBTC
TOTAL2
Price action is committing very well to structure, and ETH/BTC is also showing a bullish structure. I've entered the swing trade and expect to scale in further as price continues to commit.
PA has swept the lows and is currently forming a 3-touch flag, having swept the inflection point on the LTF. Ideally, I would have preferred a sharper execution, but this entry is sufficient for now. I’ll look to add to the position if the market allows and once I can take risk off the table.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.