Token: ETH (Ethereum)
CMP: $2917
BUY/SELL SCENARIOS:
BUYS:
-Break above the 4HR bearish order block with body candle close.
-Retest the failed bearish order block.
-Form a bullish engulfing candle to capitalize longs targeting $3080 and higher.
SELLS:
-Rejection from 4HR order block and break below CHOCH level @2778.52 with body candle close.
-Retest the CHOCH level.
-Form a bearish engulfing candle to look for potential shorts towards $2674 and deeper.