Inverted Head and shoulder Daytrade on ETHUSD

The set up is pretty simple, the price dipped, we have a clear structure on the small time frames that could make a decent profit for those with the margin and the aggressiveness. Longs increasing sharply at this level show an interest at buying at about $115 but this structure is on a low timeframe so it could still be ripped to shreds.

The price action is flat on the 12 hour but the RSI and MACD are lower. On the 12H time frame there is absolutely no evidence of bottoming or reversal behavior. I personally am taking some money to play this inverted head and shoulders, with an order to take me in on the way up which hasn't triggered yet and a conditional stop loss to close already pre-determined. If the inverted head and and shoulders isn't there then I lose no money if this continues to dump, and I will take a small managed loss if this inverted head and shoulders performs and is thrown back.

Trade active:

My sell stop got me taken in on this uptrend just above the neckline

I have no damn views on this post so this is the best time for me to put out why I am doing ETHUSD over BTCUSD and XRPUSD

ETHXRP has topping behavior that will shortly favor Ethernet over XRP

ETHBTC has hidden bullish divergence that currently favors ethereum over bitcoin and a hull MACD about to swing up.

And I didn't include this in my original post, but the hull MACD is also about to swing upward daily and we have hidden bullish divergence with the RSI.

Trade closed: stop reached:

Obviously this has performed very well. As a daytrade this is over but I hope to hold this trade as a swing trade maybe past 160. I'll just trail stops up to make sure I can lever lose money on this trade.