ETHUSD | Corrective Price Action, Before a Relief Rally

Hi traders,

I can see that price is moving inside a contracting triangle where price is making lower highs and higher lows. This pattern creates a lot of liquidity on both ends because buyers and sellers are equally placing their orders.

From an Elliott perspective, the structure fits a clean ABCDE corrective triangle. Right now, price is approaching the (e) leg.

Afterwards, I'm expecting price to break the triangle shape towards $3300, $3450, $3590

Good Luck!

액티브 트레이드

매매 수동청산

Price didn't reach the designated area. But, I closed my short positions on profit.

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또한 다음에서도:

ETHUSD | Corrective Price Action, Before a Relief Rally

관련 발행물

ETHUSD | This is ALARMING in a bad way

ETHUSD | HTF narrative..Bullish signs

면책사항

관련 발행물

ETHUSD | This is ALARMING in a bad way

ETHUSD | HTF narrative..Bullish signs

면책사항