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UtkuYucel
Oct 31, 2021 11:06 AM

ETHUSD | POSSIBLE BULLISH PENNANT PATTERN Long

Ethereum / U.S. dollarBitstamp

Description

Possible bullish pennant for ETHUSD. now has 2 AB=CD patterns and a fibonacci retracement from different price levels.
At some level, price levels nearly cross. (48XX$ - 50XX$)

Price target = ~4900$
R/R = 4.08 which fine.

And also price is at the support line of channel which comes from 28XX$

Waiting for an bullish impulse in a week.

NFA.

Trade active

Looking like it turns out to bullish flag. Still waiting..
Comments
Kaishehzi
Well done! Good work
UtkuYucel
@Kaishehzi, Thanks!
BizzarTrading
Well done, let's moon
UtkuYucel
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