ETHUSD Potential for Bearish Continuation| 7th September 2022

2022年9月7日On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 1523.73 where the pullback support, 61.8% fibonacci retracement and 61.8% fibonacci projection are to the take profit at 1420.38 where the swing low support and 161.8% fibonacci extension are. Alternatively, price could break entry structure and rise to stop loss at 1563.39 where the overlap resistance is.

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