I am also waiting for price to retrace back to $1249-1317 zone for another long trade as I didn't take above trade.

And If I see strength in this run then I will try to enter. No set price point as of now except Fib retracement areas. If no strength, no trade for me.

Sellers are coming down hard. No trade for now at Fib retracement. Need to observe more or wait for $1249-1317 area.

Saw some strength and did a long scalp.

Will now look for some quick short from this area - Lets see if market give us that opportunity - https://www.tradingview.com/x/0IaBcxiC/

Lets say from this area $1422 -$1432 https://www.tradingview.com/x/qQUiWvon/

Just FYI, Rejection or Price weakness is must for a short trade

Price seems to be rejecting in 5 Min TF, need higher TF confirmation - https://www.tradingview.com/x/DmPu9yZV/

I will first check in 15 mins

No price rejection yet

Next area for short reaction is $1440- $1456. If market won’t give me reaction I need, I won’t short. And hopefully we can get some reaction and a trade. Else, I will just head for evening walk.

Also with all this move, ETH has broken structure in a positive way. So, it can also give us some nice long trade (after retracement) -Fib retracement.

Trying to give you price update as it is happening. You need to have this kind of mindset, flexibility and patience to be a trader.

One more thing, if there is no negative price reaction near above mentioned zone, then I will not look for short trade till price reach around $1550

This is how a reaction can look like for a quick short trade - https://www.tradingview.com/x/trFX9ADM/

Heading for a walk now. Talk to you all soon!

This is how trading in right zones and patience pays off in trading!

Aaj ke live mein kuch naya sikhoge 😊

Lets meet in 15 mins Family - https://youtu.be/_fIAg6StEog

Buy Sell Signal Strategy 1 - Just Copy Paste this Script and Save in your Trading View Account:

//@version=4
study(title="BUY SELL", overlay=true, resolution="")
short = ema(close, 8)
long = ema(close, 21)
plot(short, color = color.red)
plot(long, color = color.green)
plotshape(crossover(short,long) , style = shape.triangleup , location = location.belowbar, color = color.green , size = size.normal)
plotshape(crossunder(short,long), style = shape.triangledown , location = location.abovebar, color = color.red , size = size.normal)