ETHUSD formed a head and shoulders pattern. Currently it looks like the price will break below the neckline. Wait for volume surge.
Entry: clean break down below the neckline target: 1250 usd.
Sentiment becomes more and more bearish. We expect the break down very very soon.
Trade active
As expected , the price broke down the neckline. If you have not entered short yet, you can short the neckline retest if you get one. Short entry on the retest: 1565 usd
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