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ETH/USD Trade Idea

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Hello and welcome to my Trade Idea of the currency pair ETH/USD.

Lets start with the Top Down Analysis.


Monthly: The last month was bearish and the candle now is also bearish.


Weekly: Weekly is bearish and the market has broken the counter trendline.


Daily: The daily timeframe is in a downtrend too.


H2: On the h2 timeframe we draw the pennant pattern and expect new lows.


Have a nice day.

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