ETCUSD has entered a Triangle on 1D (Williams = -52.688, Highs/Lows = 0) similar to the June - July pattern (illustrated with the blue lines). 1H and 4H are also in deep neutrality (CCI, Highs/Lows, ADX) indicating that the current level is only suitable for scalping. The long term trend of course remains bearish within the 1W Falling Wedge and every spike should be treated as a short opportunity. If 13.189 breaks, then we will short @ 15.000 and if 12.000 breaks, we will short on spot. TP in both cases = 9.505.
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