$ETH 4H: bear flag breakdown pressures the range low
A sharp selloff was followed by weak consolidation, with price now pressing the range low. Rejection below the broken base confirms the idea; a sustained reclaim above the flag invalidates it.
Paper trade, 4H short:
→ entry $2,568.55
→ target $2,528.00 (R:R 1.6)
→ invalidation $2,594.00
#TechnicalAnalysis #PaperTrading
This is not financial advice. DYOR.
A sharp selloff was followed by weak consolidation, with price now pressing the range low. Rejection below the broken base confirms the idea; a sustained reclaim above the flag invalidates it.
Paper trade, 4H short:
→ entry $2,568.55
→ target $2,528.00 (R:R 1.6)
→ invalidation $2,594.00
#TechnicalAnalysis #PaperTrading
This is not financial advice. DYOR.