ETHUSD is forming a triangle on 4h chart. I have used the daily chart however to show how this pattern fits in the larger timeframe. It fits perfectly with the bigger trend lines and the horizontal support and resistance.
Short at $131 or lower. (wait for a confirmed 4h candle close bellow $131)
Target: $115
Stop: $135
RR 1:4
Good Luck!!!
Short at $131 or lower. (wait for a confirmed 4h candle close bellow $131)
Target: $115
Stop: $135
RR 1:4
Good Luck!!!