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jurepetrovic

ETH forming ihs

Ethereum / Euro (KRAKEN:ETHEUR)  
jurepetrovic Updated   
KRAKEN:ETHEUR   Ethereum / Euro
Chart Patterns IHS change maybe Bullish Patterns
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chartpattern ihs change maybe bullish
I will be patiently watching how this ihs in formation unfolds.
Drop below right shoulder should indicate failure.
Comment:
Additionally there is a small double bottom forming on smaller timeframes.

snapshot
Comment:
See small blue parallel trendlines.
Comment:
I'm having some doubts this will succeed, as there is no buying pressure...
Comment:
And it did go up. I scalped a small short there, but nothing serious.
Let's see how this unfolds first. I got no better idea here.

snapshot
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