vf_investment

ETHUSD head and shoulders (NEW)

Short
BITSTAMP:ETHUSD   Ethereum
ETHUSD formed a head and shoulders pattern.
Currently it looks like the price will break below the neckline. Wait for volume surge.

Entry: clean break down below the neckline
target: 1250 usd.

Sentiment becomes more and more bearish.
We expect the break down very very soon.
Trade active:
As expected , the price broke down the neckline.
If you have not entered short yet, you can short the neckline retest if you get one.
Short entry on the retest: 1565 usd
Trade active:
target reached

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