ETH - AT A GLANCE - TRADING IN DIFFERENT TIME FRAMES !
D1 : Above the clouds. In an ongoing uptrend channel. Bullish inside and upside breakout
Warning downside breakout = potential trend reversal
Watch also TS (conversion line) as one of the first signal for a reversal !
H4 : Above the clouds.Currently attempting to upside breakout the ongoing uptrend channel
Watch also TS and the middle of the uptrend channel as warning for a corrective
move towards the bottom of the channel
H1 : Above the clouds.Also in its uptrend channel watch the same as for H4
M30 : Above the clouds. watch the same as for H1
M15 : Above the clouds, first warning of losing some momentum, TS already tested twice and
currently in the middle of the uptrend channel
M15 : Very short term observation is showing a switch from an uptrend to a sideways(slighthly down) trend channel.
Watch Mid Bollinger Band and KS as first support ahead of the channel bottom and the M5 clouds
support zone.
CONCLUSION :
Trade in the zone and analyse very carefully price action in starting from M5 towards D1.
Have nice week, all the best and take care
Ironman8848
Warning downside breakout = potential trend reversal
Watch also TS (conversion line) as one of the first signal for a reversal !
H4 : Above the clouds.Currently attempting to upside breakout the ongoing uptrend channel
Watch also TS and the middle of the uptrend channel as warning for a corrective
move towards the bottom of the channel
H1 : Above the clouds.Also in its uptrend channel watch the same as for H4
M30 : Above the clouds. watch the same as for H1
M15 : Above the clouds, first warning of losing some momentum, TS already tested twice and
currently in the middle of the uptrend channel
M15 : Very short term observation is showing a switch from an uptrend to a sideways(slighthly down) trend channel.
Watch Mid Bollinger Band and KS as first support ahead of the channel bottom and the M5 clouds
support zone.
CONCLUSION :
Trade in the zone and analyse very carefully price action in starting from M5 towards D1.
Have nice week, all the best and take care
Ironman8848
