After the pot stuck bubble popped we've been stuck in some long complex correction most likely a WXY. If this counts correct we're nearing the end of this correction. It seems everytime ACB makes a major move it first forms bullish divergence on the 6 hour (2 or 3 touches )
I will be waiting for this divergence to form or if we break outta the downward trend line...
BITFINEX:ETHUSD
We got a symmetric triangle forming with volume decreasing. My bias is we're going drop once we get to the end of this triangle but I won't let me bias affect how I trade this. I will be waiting for confirmation of either direction. Be careful of both bull traps and bear traps. We could easily wick up and come crashing down. Wait for a close...
