Alright, after a major break out from the Head and Shoulders pattern + Global Gann line ETHUSD has fallen quite good. Currently we are on a small pullback and the next question is were to do an entry for a short position.
1. Bearish Cypher pattern seems to be fullfilled right now.
2. TP1 (0,328 fib) is about to be finished.
3. The volume is falling while the value growes (not a good sign)
I think the 0.79 fib on XC is/was the entry! :)
1. Bearish Cypher pattern seems to be fullfilled right now.
2. TP1 (0,328 fib) is about to be finished.
3. The volume is falling while the value growes (not a good sign)
I think the 0.79 fib on XC is/was the entry! :)
Note
***0.382 fibRelated publications
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Related publications
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.