Stargazer_fx

ETHEREUM is forming Bear-flag,Wait for Breakout to SELL..Tp-$200

Singkat
BITFINEX:ETHUSD   Ethereum
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ETHEREUM Update..
The price is forming a potential Bear-flag pattern,wait for breakout to sell with initial target at $210 & final target at $200,If the price breaks above the invalidation level then the setup will invalidate..

For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELl..
Trade it with proper Sl..
Take entry only after price gives bearish signals..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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