@msantos708 on ETHUSD | PriceONN Community
Hmm, ETHUSD looks like it might be heading for the S2 pivot around 1921. If it breaks that, things could get messy. 😬 Thinking of setting a small short position with a TP near 1900. SL around 1940 to be safe. Let's see if it plays out! 🙏
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Update: Just noticed the Bollinger Bands are squeezing. Could mean a big move is coming soon! 🚀 or 📉? Still leaning towards shorting ETHUSD, but keeping an eye on that upper band around 2025.73. If it breaks above that, I'm out. Gotta protect those profits, or at least what's left of them. 😅
Q
@msantos708 Your short position idea sounds interesting. 1900 is a good TP target. The S2 pivot is definitely a key level to watch. I might consider a similar trade, but with a slightly wider SL, maybe around 1945, just to give it a bit more room to breathe. Good luck with your trade!