Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
ETH is currently sitting around 1700 resistance zone. Is it time for a correction?
âïž For the bears to take over, and start a correction till around 1500, we need a break below the red wedge pattern and red zone.
đč Meanwhile, the bulls would be in control, and if we break above 1700, then a movement till 2000 resistance would be expected.
đWhich scenario do you think is more likely to happen? and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH is currently sitting around 1700 resistance zone. Is it time for a correction?
âïž For the bears to take over, and start a correction till around 1500, we need a break below the red wedge pattern and red zone.
đč Meanwhile, the bulls would be in control, and if we break above 1700, then a movement till 2000 resistance would be expected.
đWhich scenario do you think is more likely to happen? and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal