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ETH 4H short signal — would you follow it?
$ETH /USDT - SHORT sell
Trading plan:
Entry: 1836.29 – 1842.79
SL: 1870.73
TP1: 1816.15
TP2: 1800.56
TP3: 1777.17
Why focus on this setup?
- Entry reference price 1839.54, stop loss 1870.73, risk is controllable.
- 4H trend is bearish; RSI on 15M is 53.5, not overbought, and downside room remains.
- Targets TP1 1816.15, TP2 1800.56, and the risk-reward ratio is suitable.
Discussion:
Will this bearish wave hit TP2 first, or will it be a bull trap and bounce back to 1860?