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July 11 Strategy Plan: Ranked Priorities
Trading order of operation:
Based on the current chart, my priority for today is:
Priority 1: 1788–1783 pullback to go long
This is currently the most reasonable battle point.
Don’t chase; wait for the pullback, with a clear stop-loss.
Priority 2: 1811–1816 sell short after a failed push higher
If it first rallies toward the prior high area but can’t hold, the short setup offers good cost-effectiveness.
Priority 3: go long after 1804 holds and then pulls back
Only trade after confirmation of the breakout—don’t chase on a single spike.
Priority 4: after a break below 1783, short on the retest
This is a follow-through trade after the trend weakens; it suits confirmed breakdown setups.
Priority 5: 1773–1768 deep pullback for a low-entry buy
The location is good, but you need to watch how it declines. A sharp selloff with a wick is more suitable; don’t rush to buy during a slow, drifting drop.
$ETH