ETHUSD 4H 100 sma Short Trade w/Macd

Price has flowed from 50 sma to 100 sma. Then price moved halfway between 100 and 50 sma and returned up to the 100 sma. This is a common pattern with sma's. Price may be ready now to fall to the 50 sma now. The 50 sma is the TP. SL is shown. Watch the Macd Blue line to cross below the Red line for a short pullback.

Kommentar:

Pair has not closed above 100 sma yet and also Macd Blue line still below Red line so trade is still active for me.