Ethereum H&S Formation - $910 Short Opportunity

2018年2月19日

Currency Pair: ETH.USD
Time Frame: 4hr
Predicted Direction: Short

Live ETH.USD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

2018年2月19日

ノート

Attached below is an illustration of how i generate a H&S trade opportunity.

2018年2月19日

ノート

Although i have identified a trade opportunity and potential trade levels, should price not meet the rules or not break the H&S then there will be no trade execution.

2018年2月20日

ノート

Price clearly rejecting $950 as recent history has shown.
Keep an eye out for the $909 for a breakout.

2018年2月20日

ノート

Watch for the breakout.

2018年2月21日

ノート

A hope everyone managed to take full advantage, have a great rest of the week.

2018年2月25日

ノート

Price is expected to pullback given the 4hr & 1hr TF towards $860 prior to additional downside.

2018年4月1日

ノート

It has been a while, but i'm back with my next trade setup.