ETP Cyclical Long Trade

ETP looks to be starting a new market cycle. Let's look for another test of the max consolidation line (orange) where we will also find the uptrend line, and get involved from the bottom. We are looking for the market to swing back around to the 0.618 (MFR).

Cheers and GLWT!
-Erik

評論:

We kissed the 0.11 fibo! The current move looks corrective. Watch for a breakdown. EMA200 is acting as resistance on the 1HR.