$ETHFI Dont Take Sell short Before Reading our teams Anylasis and our Stratigy of Sell short.
*Short Selling Strategy*
*Entry Criteria:*
1. *Yellow Weak Supply Zone:* Avoid taking short positions before this zone.
2. *Red Strong Supply Zone:* Confirm short selling opportunities here.
3. *4-Hour Candle Confirmation:*
- The candle closes within the drawn zone.
- The wick touches the upper edge of the zone (if rejected, it's a strong short signal).
- The candle opens at 2.48, increases to 2.58, and closes at 2.53 (50% retracement).
4. *Second Confirmation:*
- The next candle starts at 2.53, increases to 2.58-2.60, and is rejected to 2.53.
- Take short positions immediately.
*Stop Loss:*
Set above the drawn zone.
Targets:*
1. *Support to Support:* If previous support was 2.48, the first target is 2.50.
2. *Next Support:* If the next support is 2.40, the target is 2.42.
3. *Continue to Next Demand Level:* Until the last target.
Remember to always manage your risk and adjust the strategy according to market conditions.