ETH Long Setup Asian Range LTF Reversal
Day's Bias: Bullish
Plot:
Previously a good impulse move after retracement hitting a HTF +OB and Swing Lows.
Price shows high probability of seeking liquidity on higher prices.
Asian Range shows confluence of a +OB under 5m timeframe, where 50% of the LTF Impulse also resides.
Waiting for the setup to appear at the London Open to enter a Long Position towards a GAP at about $1343.
Overall HTF Bias remains bearish and a very huge possibility a very strong down move will come the following weeks.
Plot:
Previously a good impulse move after retracement hitting a HTF +OB and Swing Lows.
Price shows high probability of seeking liquidity on higher prices.
Asian Range shows confluence of a +OB under 5m timeframe, where 50% of the LTF Impulse also resides.
Waiting for the setup to appear at the London Open to enter a Long Position towards a GAP at about $1343.
Overall HTF Bias remains bearish and a very huge possibility a very strong down move will come the following weeks.
Kommentar:
It never repriced prior to reaching its objective. No entry, sadly. Discipline over FOMO. Nice little pump.