Ethereum
Short
Updated

ETHUSD - SETUP - WEEKLY CONTINUATION - 28 MAY

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WELCOME TO DACAPITAL TRADING!!


ETHUSD just started moving as expected, quick Timeframe breakdown for free and everybody.


4 HOUR
Strong H4 Breakdown below previous week price action low

DAILY
Very bearish price movement last couple of days forming several lows

WEEKLY
We now have 4 highly bearish candles in a row following this movement..

LEVELS
SHORT @ 532.23
SL @ 577.88
TP1 @ 487.30
TP2 @ 463.39
TP3 @ 441.80
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!


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DACAPITAL TRADING
Trade active
Trade closed: stop reached
-8,5% trend channel broken, good indication for better setups next week!

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