📈 Market Context:
ETH remains in a healthy bullish structure. Despite the recent retracement, price action is still supported by strong demand zones on higher timeframes. No change in the overall sentiment from earlier this week.
🧾 Weekly Recap:
• Price rejected from the Fibonacci 0.5 EQ level — a discounted zone in my model.
• While doing so, it also ran 4H swing liquidity.
• After taking liquidity, ETH formed a 1H demand zone — a sign to look for lower timeframe confirmations for long setups.
📌 Technical Outlook:
→ Price has already tapped into the 1H demand zone.
→ From here, we have two possible scenarios:
Black scenario (ideal):
• Wait for 15M bullish break of structure (BOS).
• Enter after confirmation for long setups from 1H demand.
Blue scenario (deeper retrace):
• If no bounce from 1H demand, expect price to dip toward 0.75 Fib level (max discount).
• Watch for another liquidity run & 1H–4H demand formation.
🎯 Setup Trigger:
✅ 15M bullish BOS inside 1H or 4H demand zones
→ This would be the entry confirmation trigger for longs.
📋 Trade Management:
• Stoploss: Below the swing low of the 15M BOS
• Target: 4090$
💬 Like, follow, and drop a comment if this outlook helped — and stay tuned for more setups each week!
ETH remains in a healthy bullish structure. Despite the recent retracement, price action is still supported by strong demand zones on higher timeframes. No change in the overall sentiment from earlier this week.
🧾 Weekly Recap:
• Price rejected from the Fibonacci 0.5 EQ level — a discounted zone in my model.
• While doing so, it also ran 4H swing liquidity.
• After taking liquidity, ETH formed a 1H demand zone — a sign to look for lower timeframe confirmations for long setups.
📌 Technical Outlook:
→ Price has already tapped into the 1H demand zone.
→ From here, we have two possible scenarios:
Black scenario (ideal):
• Wait for 15M bullish break of structure (BOS).
• Enter after confirmation for long setups from 1H demand.
Blue scenario (deeper retrace):
• If no bounce from 1H demand, expect price to dip toward 0.75 Fib level (max discount).
• Watch for another liquidity run & 1H–4H demand formation.
🎯 Setup Trigger:
✅ 15M bullish BOS inside 1H or 4H demand zones
→ This would be the entry confirmation trigger for longs.
📋 Trade Management:
• Stoploss: Below the swing low of the 15M BOS
• Target: 4090$
💬 Like, follow, and drop a comment if this outlook helped — and stay tuned for more setups each week!
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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.
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.