Patrick2707

ETH short - day trade

Short
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
ETH played out perfectly and we are currently trading within this 1H range. Taken some profits and will look to add them into some new shorts.

We are retesting the lows and we will wait for a reaction for a day trade.
A trade idea will be given later today.

Currently tape reading and waiting for PA and the markets to give us a proper trigger.
Expect a break of the low range, a rebound, a deviation and we will look to enter into a short trade.

Plan remains the same in confluence with DXY bullish plan.

TP 1835$
TP 1780$


Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and does not constitute financial advice in any form.

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