Ethereum / TetherUS
Short
Updated

ETH TODAY SHORT

304
HELLO TRADERS,

Yesterday we managed to short eth from 1255 but unfortunately during the ASIA SESSION the dollar weakened and our trade ended at BE

We are currently seeing a bounce from our 1275 zone and I think we can continue further lower today
Trade closed: stop reached
US PPI realease was lower than expected, dollar takes another hit, maybe inflation peaked ? we will see in thursday on EU CPI release
Note
As you can currently see, the direction was correct, unfortunately there was a smaller stop-loss hunt

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