Forex_Hoby

ETH. Weekly trading levels 4 - 5.05.2024

Forex_Hoby Updated   
BINANCE:ETHUSD   Ethereum
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post.

The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)

----------------------------------------------
Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern.


Don’t forget to like Rocket and Subscribe!!!
Comment:
Sorry. Error in title. Not for a week, of course. And for the weekend 4-6.05.2024
Trade active:
moving well

Trade closed manually:
The weekend was great


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.