Technical analysis by Patrick2707 about Symbol ETH: Sell recommendation (8/4/2024)

Taken a swing short on ETH. Entry 2907 TP 2890 SL 2918 Entered based on the invalidation on the 3min (red lines) and the inverted 15min inverted FVG (red box ) confirmed the run of the sellside. Entry was based on the LTF and overall target was the 15min sellside. Simply showing you guys how to use the LTF and your trading system to target HTF targets. FOLLOW THE MARKET AND TRADE WITH THE MARKET. Looking to see how we play from here. Overall ETH plan remains the same. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.