4H ETHUSD analysis
I'try to be as brief as possible. I used red color to mark bearish signs and yellow to mark rather uncertain or neutral signs. Green would be for bullish signs.
1) Horizontal triangle. In some scenarios neutral pattern in this it first looked as a bullish penant , but since it broke down we could expect a brief change of trend from bullish...
This is my first published TA.
In my opinion these are the simplest signals to look for if you're wondering about going long.
I would not underestimate triangle patters as they can be very useful, on the other hand, as it says in the book "trend is your friend" and the "LONG" market sentiment can help the price break through the resistance of an otherwise...
