Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), ETH rejected the lower bound of the flat rising broadening wedge and traded higher to reject the upper bound again.
🏹 As per my trading style, we will be trading the range UNLESS it is broken upward or downward.
📈 As ETH approaches the blue support again, we will be looking for short-term buy setups.
For the bulls to take over medium-term, we need a break above the red zone.
📉 In parallel, if as ETH approaches the red resistance, we will be looking for short-term sell setups.
And if ETH breaks below the blue zone, we will be expecting further bearish movement till the 1700 daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
As per my last analysis (attached on the chart), ETH rejected the lower bound of the flat rising broadening wedge and traded higher to reject the upper bound again.
🏹 As per my trading style, we will be trading the range UNLESS it is broken upward or downward.
📈 As ETH approaches the blue support again, we will be looking for short-term buy setups.
For the bulls to take over medium-term, we need a break above the red zone.
📉 In parallel, if as ETH approaches the red resistance, we will be looking for short-term sell setups.
And if ETH breaks below the blue zone, we will be expecting further bearish movement till the 1700 daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.