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Lcho07
Jan 23, 2019 5:44 PM

$ETH Head & Shoulders  Short

Ethereum / U. S. DollarKraken

Description

#ETHUSD has formed a H&S top on the daily chart. Volume is decreasing across the H&S pattern and a clear neckline is formed at $114.4. A close below $114.4 will trigger a short position. My target is $83.

Trade closed manually

No close below $114.4 on the daily. I’m slowing turning bullish. Will be looking for a setup in the other direction...
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