@jturner901 on ETHUSD | PriceONN Community

Update: My previous analysis regarding ETHUSD's bearish trend remains valid. However, I've noticed a potential short-term correction might occur before further downside. I'm adjusting my entry point to 1890 with a stop loss at 1910. This allows for some buffer in case of a minor retracement. My initial target remains at 1840, aligning with S2. If the price breaks below 1839, I will consider extending the target to 1800. Risk management is key here, so adjust position size accordingly. We need to see confirmation before entry though, volume and candle patterns are important. I'm waiting for a bearish engulfing or similar signal on the H4 chart.