Further confirmation to the downside.
This is an update of the DAILY TRADE IDEA. "Possible ETH Short"
Lower Timeframe is mimicking the higher timeframe pattern from the Daily
Argument for the Upside
Clear invalidation now at local 2H high candle, at around $2050
Lower Timeframe is mimicking the higher timeframe pattern from the Daily
- Price also fell out of Pivot Range on 2H and retested.
Argument for the Upside
- If the YELLOW Candle is followed by a one with a GREEN TRIANGLE, smashing through the top of the pivot range, then a substantial move UP would be likely.
Clear invalidation now at local 2H high candle, at around $2050
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