$ETH 4H: range low sweep and reclaim favors a rebound
Price swept the 10-day range low, then rebounded after a sharp selloff. Holding the reclaim and breaking the nearest lower high confirms the idea; losing the sweep low invalidates it.
Paper trade, 4H long:
→ entry $2,341.32
→ target $2,445.00 (R:R 1.6)
→ invalidation $2,278.00
#TechnicalAnalysis #PaperTrading
Not advice. DYOR, always.
Price swept the 10-day range low, then rebounded after a sharp selloff. Holding the reclaim and breaking the nearest lower high confirms the idea; losing the sweep low invalidates it.
Paper trade, 4H long:
→ entry $2,341.32
→ target $2,445.00 (R:R 1.6)
→ invalidation $2,278.00
#TechnicalAnalysis #PaperTrading
Not advice. DYOR, always.
