TonyCryptano
Short

Short bitcoin or Eth, what is better choice?

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
286 2 2
To understand why, read related idea below.

ETH/BTC             chart developing fractal confirmed by negative volume .

ETH/USD price broke through inH&S, currently in pullback and wants to reach resistance. Will it break resistance and reach neckline of the neckline of inverted head and shoulder - probably not, the price deviation is too big so I expect it to stop on resistance. Fractal is developing but we need more data for safer entries.

After fractal forms and confirms on 4H chart, I will enter shirt trade. Stop above the fractal

Happy trading
Trade active: stop 750
Trade closed: target reached
Comment:
Comment:
Order cancelled
Now i have also to answer myself what is a fractal... too good..
Reply
@fr44b0, Go to indicators and look for Williams Fractals
Reply
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