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MMBTtrader
Mar 24, 2021 2:04 PM

ETHUSD is retesting and completing H & S conformationΒ Short

Ethereum / U.S. dollarBitstamp

Description

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As we talked about head and shoulder created and some bearish candle appear and was nice profit :


but for now market is retesting broken neckline and after that huge and major fall is coming for ETHUSD but if and if retest get completed and then red path will continue to the targets
Targets :
A. 1650
B. 1610
C. 1540

Green path :if price pump above red line that is neckline and after retest then we would expect different scenario and bullish market and again reaching previous high at least .

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


<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press likeπŸ‘ if you enjoyπŸ’š>>

Trade closed: target reached

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πŸ€‘πŸ‘πŸ§¨both target reached as expected
Comments
Mutzat
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Impressive and fairly accurate analysis. After the pull back do you think it will shoot up again early next month ?
MMBTtrader
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@Mutzat, soon update will publish bro
Mutzat
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@MMBTtrader, Noted. thank you
MMBTtrader
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@Mutzat, some range for now or rise needed after reaching targets
ForecastCity_World
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Excellent work
MMBTtrader
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@ForecastCity_World, thanks a lot dear
alirezasadughi
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πŸ‘πŸ‘πŸ‘πŸ‘ good work
MMBTtrader
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Mostakim32
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Good work. It’s helpful.
MMBTtrader
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@Mostakim32, thanks a lot
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