Inverse head and shoulders pattern playing out in ETH.
Will this pattern play out and give us a bottom and continue its impressive gains or will we see another trap setup followed by an explosive move to the down side leaving buyers holding bags or cutting losses?
IMO I Feel this is a trap so i'M trading with caution & tight stops. I feel we could see more selling pressure over the market in general.
My targets set, what are you thought's?
Comments an opinions welcomed :)
Trade safe and happy trading :)
I AM NOT A FINANCIAL ADVISOR - THIS IS NOT FINANCIAL ADVICE DO YOUR OWN RESEARCH, MAKE YOUR OWN TRADE DECSIONS.
Will this pattern play out and give us a bottom and continue its impressive gains or will we see another trap setup followed by an explosive move to the down side leaving buyers holding bags or cutting losses?
IMO I Feel this is a trap so i'M trading with caution & tight stops. I feel we could see more selling pressure over the market in general.
My targets set, what are you thought's?
Comments an opinions welcomed :)
Trade safe and happy trading :)
I AM NOT A FINANCIAL ADVISOR - THIS IS NOT FINANCIAL ADVICE DO YOUR OWN RESEARCH, MAKE YOUR OWN TRADE DECSIONS.
Trade closed: target reached