Morning Update: Waiting for ETH retrace
It appears we have our 1-2, i-ii in the final area of completion after a retrace. I am anticipating that to take place starting today. We're getting so close to June lows that any trades in this area are getting riskier. The most prudent of traders should wait till the June lows are breached and look for long entries. Nonetheless, with a 1-2, i-ii nearly in place the iii of 3 should be the most powerful portion of the decline.
Lets see if the pattern triggers this week.
Best to all,
Chris
Lets see if the pattern triggers this week.
Best to all,
Chris
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