ETHUSD is forming a H&S pattern on the H1 chart. The right shoulder has yet to finish forming so our TP1 will be on the neckline. TP2 will be if it breaks out from the trendline and TP3 will be the completion of the H&S pattern. Pattern will be invalidated if it breaks past the shoulder line.
Please do not risk more than 1% per trade。
If you like the idea, please help like the post and comment down your thoughts below! I would love to hear your thoughts!
Please do not risk more than 1% per trade。
If you like the idea, please help like the post and comment down your thoughts below! I would love to hear your thoughts!
Trade closed: target reached
TP1 has been reached in just minutes after I had posted the idea! Congrats traders!The rest of the entries has been shifted to BE, making it risk free!
Note
TP2 has been hit!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.