Bearish Bias
Ethusdt is still quite bullish on the lower TF. However, price is possibly forming a head and shoulder pattern. The neckline is still intact though. A break below the neckline and below the current trendline as shown in the chart would invalidate this idea. However, until that happens, we will continue to trade level by level with a bullish bias.
#NFA
#NFA
Note
tp1Trade closed: stop reached
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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.