ETHUSD : Peter Brandt goggles [ON] OFFMiss calculated previous head and shoulders, didn't spot the cheeky little right shoulder.
ETH has made yet another head and shoulders with yet another unrealistic target. Raised appropriately.
Once the buy zone is reached I am expecting push for downtrend resistance in the green box, top right corner. Will update when the time comes.
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My position
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Entry : $207 - 210
TP 1 : $191 ( + 7.3% )
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Invalidated if close above $215
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My ideas are not finacial advice.
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Peterbrandt
#ZIL classical charting and trade plan#ZIL has respected classical charting patterns very nicely. Right now we see ZIL falling below an ascending line and is looking to find support. We have 3 minor supports drawn and 1 major. I doubt we fall below the second support but if we do I am prepared. Wait for a breakout of this downtrend line.