djobs

A small bounce before we go lower

Long
djobs Updated   
INDEX:ETHUSD   Ethereum
$ETH is in the process of printing an inverted head and shoulder pattern on the 3 Hours timeframe, downtrend is getting weaker and if we broke the blue line and printed the right shoulder, we a good 4 R

Strong divergence is a good sign for reversal patterns, let's watch and see 👀

Sellers need to take a rest, we probably going lower (per cycle thesis), but a small bounce from here hurts no body
Trade closed: stop reached:
Stopped at 1193

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