ETHUSD Update Risk Management Today Neutral whilst Trading between the lines, but great for day traders whilst it lasts. Left this as a sell off the underside of the lower parallel at 469 but it only reached 468 before it came off...two little pins off the underside was enough warning to exit and traders had plenty of time to see it form and take action. We looked to buy back at 455 and since then it's risen to hit the underside of the same parallel - and what was once support is now resistance to the upside in classic fashion...so that was a sell again (was banned from updating anything for 12 hours last night for making honest error of uploading a Litecoin chart to the sad little fellow who haunts the gold chat room on TV. So was banned because he reported my error and some jackbooted apparatchik moderator shut me down. Who would have the time to go report someone for making an error? Who are these people ffs?) So couldn't update this beautiful chart action...anyway it's been fantastic to trade in and out of if you've followed the lines on this chart which are unchanged from yesterday with addition of the new uptrend line which had formed here over the last 48 hours. Fairly obviously it's a buy off the new uptrend line supporting the entire move and a sell off the parallel above it...until the chart tells us it's changing. It either pops above the parallel and then comes back to test it from above once popped, it holds up ...very bullish outcome. get long again...you have missed about 3 points and a massive risk (if it fails from the parallel and you haven't closed out at the high). And alternatively if the uptrend line supporting this entire move gives way at any point it will come off to 446 again and potentially to 433 should 446 give way at any point. Something has to give here pretty soon now. Be ready for it. Follow what the chart tells you. Chart not heart. Always