What’s up Candle Fam,
Ethereum just pulled a bullish engulfing flex on the weekly — and it’s not here to play. The recent correction shook out late longs, but structure remains beautifully intact.
🎯 LONG Setup
📍 Entry: $3,430–$3,340
🩸 Stop Loss: $3,190
🎯 Targets:
TP1: $3,750
TP2: $3,980
TP3: $4,200
📊 Strategy: Weekly OB + FVG Reclaim
– Weekly: Clean engulfing candle reclaiming the $3.2k–3.4k order block
– Daily: Structure holding higher lows — bullish market structure intact
– LTF: Watch for CHoCH + volume spike around $3.4k (12H/1H footprint shows absorption)
🧠 Footprint Flow:
– Aggressive shorts caught below $3.4k
– Buyers stepping in with clear delta divergence
– POC shifting higher = reclaim attempt underway
⚠️ Invalidation below $3,200 — breaks HTF structure
⛓️ Stick to low leverage or spot to manage broader macro risks.
No hopium, just structure.
Stick to the craft. Trade the plan.
Candle Craft | Signal. Structure. Execution.
Ethereum just pulled a bullish engulfing flex on the weekly — and it’s not here to play. The recent correction shook out late longs, but structure remains beautifully intact.
🎯 LONG Setup
📍 Entry: $3,430–$3,340
🩸 Stop Loss: $3,190
🎯 Targets:
TP1: $3,750
TP2: $3,980
TP3: $4,200
📊 Strategy: Weekly OB + FVG Reclaim
– Weekly: Clean engulfing candle reclaiming the $3.2k–3.4k order block
– Daily: Structure holding higher lows — bullish market structure intact
– LTF: Watch for CHoCH + volume spike around $3.4k (12H/1H footprint shows absorption)
🧠 Footprint Flow:
– Aggressive shorts caught below $3.4k
– Buyers stepping in with clear delta divergence
– POC shifting higher = reclaim attempt underway
⚠️ Invalidation below $3,200 — breaks HTF structure
⛓️ Stick to low leverage or spot to manage broader macro risks.
No hopium, just structure.
Stick to the craft. Trade the plan.
Candle Craft | Signal. Structure. Execution.
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.
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.