ETHUSDT.P
1H time frame
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After breaking out downtrend on 1 Day time frame . ETH is forming an ascending channel on 1H .
With this bearish pattern, we can set two different trading strategies as below.
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1.
Entry: if getting resistance form upper trend again(~1605)
TP: 1525 or reach lower uptrend
SL: previous high(~1615)
2.
Entry: BO the AC(~1540)
TP: 1400, 1350
SL: if go back to the AC(~1560)
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Notice: All price are set from the predicted trend, can set it more accurate based on the actual trend/pattern after opening short
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→Join Teaching Group for free!(PM me)