LotusTrading20

ethusd parabolic rise and busted

Short
LotusTrading20 Updated   
BITSTAMP:ETHUSD   Ethereum
clear 4 bases of a parabolic run and bust!
below current channel comes next at around 920/80 ( around the breakout zone of early January and a likely target therefore).
Comment:
Parabola retest coming around 3250/3600 ... there's a LVN on profile at 3600, if it can trade above 3250 heading to 3600 becomes a likely target
Trade active:
short entry 4850 , stops above 5k... 1st target 3550, 2nd target 2700, 3rd target 1150

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