ETH/USD - Potentially Head & Shoulders - trade the break downNot confirmed yet, but it looks like there is a pretty high chance that the price will retrace from the current levels, which will indicate that an H&S pattern will be formed, which means the up-trend reversal.
As a result, it would be reasonable to open a short position on the break of the neckline. A 1-hour time filter (candle close) should be applied as a trigger for the trade. SL above the second shoulder and TP based on the Minimum Price Objective.
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