Kijun Bounce Happening on Ethereum

Apr 2, 2022

Price is starting to range at this area after strong uptrend. We see a halt in price drop at the kijun level. This I feel will make the price go back up for a while before possibly going into a downtrend. This is a quick daytrade with stop loss below previous candle low. Target to a recent high.

The trade you see on the chart is where I got filled before publish