$ETH - Technical Analysis

$ETH - Technical Analysis

Monthly
Last candle closed above monthly FVG & old L. SFP is formed. The candle closed with little retracement. Looking for P to take out buyside.

Weekly
Last candle closed above old L. Looking for P to trade higher.

Noting that we have NFP this Friday.

Daily
Last candle traded to 0.5 daily FVG again then closed below the FVG again. Looking for P to trade lower. Noting that P has just traded to lower daily FVG.

We have PMI eco news today.

H1
P could trade lower from here.
If not, I'm looking for P to sweep buyside or trade to M15 to look for short. (Between BTC & ETH, I'm likely to short BTC & not ETH)
Or base on intraday PA to look for setup.

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Abbreviations are explained & pinned in my pinned post.

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