
Redimere_91
@t_Redimere_91
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Redimere_91

Within the recent trend, every time price broke a recent low, price retested a variable % of the previous high attempt. I want to see if price can test up to 50% of the previous high if the dollar grows weaker. There is also divergence on the 1 hour timeframe. I entered a few moments before the publish so excuse the long position tool.Took partial profit and raised stop loss up to 1927 to play it safe before bed. Price reached a previous support level high.

Redimere_91


Redimere_91

ETHUSD A few days late on this honestly but just curious on this one and want to journal it. Wonder if price could reach the 50% to 61% price level. We did take a trade on this last night. We wanted to see if there could be more momentum to the upside in the short term before the next retracement or pullback.

Redimere_91

Possible "ABC" forming if price doesn't break previous high.RSI isn't oversold but is nearing the 50 level.Looking for 25% to 50% retracement of the previous low (bottom horizontal line)What do you think?

Redimere_91

Price trading sideways since 1PM CST today.RSI OverboughtShooting star forming on current candle.Current candle near a trend line high.30 and 10 HMA Cross. Look for 25% -35% retracement from where current price is.

Redimere_91

Let's keep this simple. New high was made recently. A higher low is forming. Can price retest the previous high? I can see it rejecting the previous high and going lower. What do you think?

Redimere_91

Let's see if price continues to melt down. Let's see if price reaches 38 to 50% retest of recent low. If price reaches 100-123%, we will look for short term long depending on price action.

Redimere_91

Slowly melting away. Let's see if price rejects the top trend line.

Redimere_91

Possible expanded, regular, or running flat. If not, it could just be a 38% retrace of the recent low. Let's see if price can reach the shaded area. Possible bearish divergence on the daily timeframe.

Redimere_91

We are just coming off of a bounce of a flat wave. Price has already reached the 50% target. We want to see if we can reach 78% to 100%. Would be lovely if we can reach a double top if price retests the high of wave B. SL: 0%TP 1: 78%TP 2: 100%
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