Ethereum Manipulation at the Rally High

A few minutes ago there was a Spike Manipulation that triggered stops above the last Rally High on ETHUSD . This sets up a very low risk trade to short the rally back down to the 50% Retracement.

5 Minute trading timeframe:

Trade ist aktiv:

Taking some profit at the 4-to-1 on some potential reversal price action.

Trade geschlossen: Ziel wurde erreicht:

Target reached. I remain net short ETHUSD.