ETH Intraday Trading Strategy

Current Trend: 4H broad oscillation leaning bullish (rebounded from 2240 low to 2400 then pulled back) / 1H high-level pullback testing POC support / 15M repeatedly contesting around VAL 2369

Trade Direction: Long (buy on key support pullback)

Suggested Entry Price: 2355 – 2360

Suggested Take Profit Prices:

TP1: 2388 (upper boundary of 15M POC dense zone)

TP2: 2400 – 2405 (previous high + round number level)

Suggested Stop Loss Price: 2340

Trade Entry Rationale:

1. The 4H chart shows a bullish structure since 5/1 that remains intact; the current pullback is a normal correction within the bullish trend, with 4H POC at 2323 providing strong support below.

2. The 1H chart shows consecutive lower shadows around 2366–2370 (near the black line POC), indicating active buyer defense; in the 15M chart, repeated tests of 2368–2371 have not broken through, forming a short-term spring effect. If the price drops again to 2355–2360, it would be an optimal liquidity sweep entry point.

3. The 1H chart VP indicates 2366–2380 as a high-volume node (POC zone), representing the main cost basis for the bulls; the 15M VP VAL at approximately 2369 coincides with the 1H POC, forming a confluence of multiple supports. The 2355–2360 zone is below VAL in a low-volume area, reducing the likelihood of stop-loss sweeps.

Early Exit Conditions:

Price rebounds to 2380 and shows a 15M bearish engulfing + volume expansion → reduce position by 50%

Holding position over 4 hours without reaching TP1 → close and protect profits

Order Cancellation Conditions:

Price does not reach 2360 and directly breaks through 2390 → cancel pending orders (missed entry)

Price falls below 2340 and then rebounds to 2355–2360 → do not re-enter (structure broken)

Risk-Reward:

Stop Loss: 18 points

TP1: 30 points → RR = 1:1.67

TP2: 44 points → RR = 1:2.44

Trade Confidence: 55%