ETH forming ihs

16 thg 6, 2018

I will be patiently watching how this ihs in formation unfolds.
Drop below right shoulder should indicate failure.

16 thg 6, 2018

Ghi chú

Additionally there is a small double bottom forming on smaller timeframes.

16 thg 6, 2018

Ghi chú

See small blue parallel trendlines.

16 thg 6, 2018

Ghi chú

I'm having some doubts this will succeed, as there is no buying pressure...

17 thg 6, 2018

Ghi chú

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.