FenzoFx—ETH/USD currently trades around $2,480, ranging between $2,336.0 support and $2,797.0 resistance. Given the recent break of structure, the bearish trend may resume, targeting $2,336 as the next liquidity trap.
This level may offer a discounted entry for long positions. Traders should watch for bullish signals like candlestick patterns and fair value gaps on lower timeframes (M5, M15) during the NY session.
This level may offer a discounted entry for long positions. Traders should watch for bullish signals like candlestick patterns and fair value gaps on lower timeframes (M5, M15) during the NY session.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
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.