ETHUSD, like BTCUSD, is giving me the momentum candle I was looking for, confirming bearish price action....if the candle closes in this fashion! It could confirm the sellers are still in charge, and price will likely continue bearish. The fact that it is breaking back into the triangle structure is pretty telling.
Confirmation needed! No confirmation, no trade!
Check out my BTCUSD trade analysis video.
Confirmation needed! No confirmation, no trade!
Check out my BTCUSD trade analysis video.
Trade active
Playing out as expected.
Did you catch the short? Would love to hear from you in the comments.
Thanks!
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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.
Related publications
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.