$ETH 4H: bear flag forms after rejection from the range high
The rejection from the recent swing high produced lower closes, while the pause near support resembles a bear flag. Continued weakness confirms the paper setup; a close above flag resistance invalidates it.
Paper trade, 4H short:
→ entry $2,391.75
→ target $2,325.00 (R:R 1.7)
→ invalidation $2,432.00
Will sellers push price back toward the range low?
#TechnicalAnalysis #PaperTrading
Not financial advice; please DYOR.
The rejection from the recent swing high produced lower closes, while the pause near support resembles a bear flag. Continued weakness confirms the paper setup; a close above flag resistance invalidates it.
Paper trade, 4H short:
→ entry $2,391.75
→ target $2,325.00 (R:R 1.7)
→ invalidation $2,432.00
Will sellers push price back toward the range low?
#TechnicalAnalysis #PaperTrading
Not financial advice; please DYOR.