ETHUSD 1H Inverse Head & Shoulders
Updated
It appears that an Inverse H&S is forming on the 1H.. Watch for neckline confirmation, just a bit over $248.39.
Spectro M is showing an upward trend as indicated by the green vertical band on the lower portion of the main chart, below the candles.
A push may be here fundamentally on news of a possible Ubisoft use case.
Tight stop advised.
Analysis by AlchemistLA
Spectro M is showing an upward trend as indicated by the green vertical band on the lower portion of the main chart, below the candles.
A push may be here fundamentally on news of a possible Ubisoft use case.
Tight stop advised.
Analysis by AlchemistLA
Note
Neckline hit and testing.
Trade closed: target reached
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