ETHUSD 1H Inverse Head & Shoulders

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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
Nota
istantanea

Neckline hit and testing.
Trade chiuso: obiettivo raggiunto
istantanea
Technical IndicatorsTrend Analysis

Declinazione di responsabilità