[ETHUSD] TECHNICAL STRUCTURE

No change from our point of view, as long as the pair remains above 906 support, the trend remains bullish . That said, our analysis and setup seem to be correct and our idea (awaiting confirmation) is that the pair could develop a bearish impulsive structure (i-ii-iii-iv-v). If you have taken a short position around 970 you can easily manage it (stop loss to breakeven, for example). With this in mind, today’s session will really be very important, and from tomorrow any doubt will become certainty, for both directions.

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Thank you for support and trade with care!

Feb 19

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Feb 20

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Feb 20

Comment: The pair, after reaching our resistance at 950, has triggered a perfect pullback as expected by us, and at this moment, it is working an important support around 929.

Feb 20

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Feb 20

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Feb 20

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Feb 20

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Feb 20

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Feb 20

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Feb 20

Trade closed: target reached: We have reached our first target!

Feb 20

Trade closed: target reached: TARGET 2 HIT!

Feb 20

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Feb 20

Trade closed: target reached: TARGET 3 HIT!

Feb 21

Comment: Harmonic still in play....

Feb 21

Comment: to be continue...