Technical analysis by Patrick2707 about Symbol ETH: Buy recommendation (8/11/2024)

Taken a swing trade on ETH based on our overall analysis of the market. As always an entry on the LTF based on the HTF pa and liquidity (buyside and sellside) Entry 2590TP 2700SL 2575Taken some off and stops in profits. Let's see where the market wants to go from here. IF we hold the current highs expect us to continue higher (refer to the overall ETH idea) towards the HTF buysideIF we break below the current range lows we will revisit 2.5K No need to FORCE your will on the market...FOLLOW THE MARKET. 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.