TradingView
MMBTtrader
Mar 17, 2021 4:10 PM

ETHUSD broken trendline and completing head and shoulder ? Short

Ethereum / U.S. dollarBitstamp

Description

First of all for sure we had breakout and lost that strong and important trendline why?
cause retest of broken trendline completed too ✔

and now for more sureness and conformation we can see that Head and shoulder pattern is completing here and after breaking neckline(black line on price 1715) we would expect more fall all way to our targets
Targets :
A. 1690
B. 1600

Notice :just after breaking neckline as we told ✔


the broken trendline was so important and we took a lot of interest from it and now this update of these analysis that we had before :


DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
3.and enjoy


<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
Comments
financialflagship
Amazing work, looking forward to it. Thanks for sharing 🙌
MMBTtrader
@financialflagship, thanks a lot
ForecastCity_World
Looks great! Thanks for sharing
MMBTtrader
@ForecastCity_World, most welcome
StevesTradingV
The perfect analysis, thank you, mate ;)
MMBTtrader
@StevesTradingV, thanks a lot bro
YaNafay
now what do
MMBTtrader
@YaNafay, wait for it
Henry_Ross
Perfect!
MMBTtrader
@Henry_Ross, most welcome
More