ETH forming ihs
Updated
I will be patiently watching how this ihs in formation unfolds.
Drop below right shoulder should indicate failure.
Drop below right shoulder should indicate failure.
Comment
Additionally there is a small double bottom forming on smaller timeframes. Comment
See small blue parallel trendlines.Comment
I'm having some doubts this will succeed, as there is no buying pressure...Comment
And it did go up. I scalped a small short there, but nothing serious. Let's see how this unfolds first. I got no better idea here.
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