ETHUSD - Inside Bar / Hammer Continuation Pattern
ETHUSD has thrown an Inside Bar / Hammer pattern. This specific pattern is bullish and would signal a continuation of the prevailing trend. The biggest risk I can find with this trade is that there is significant resistance overhead. Given the significance of this resistance level, if price is able to break through it, it could do so very aggressively.
As always, trading is based probabilities, not certainties. Trade accordingly.
As always, trading is based probabilities, not certainties. Trade accordingly.
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