ETH: Tactical Dip Play Before the Next Rocket Launch! 🚀

ETH/USDNeutralIntraday2w ago22 views

Trade Setup

Entry Price

2138.00

Stop Loss

2189.00

Take Profit

2010.00

Risk : Reward

1 : 2.51

RiskReward

Current Vibe Check & The Plan


Alright KoraFX fam! 👋 ETH/USD is feeling a bit heavy, dropping over 2% today and chilling around 2128. We've seen a bearish trend overall, with the day's range between 2085.44 and 2170.56. While my heart always screams "BULL SZN INCOMING" for Ethereum, sometimes even the most optimistic trader needs to play the short game on an intraday timeframe to bag some quick pips! 😉 I'm eyeing a tactical neutral play here.

The Setup: Ride the Rejection


My entry is set for 2138. I'm waiting for a quick retest of that level – perhaps a little bounce from current price before we see a rejection

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