ETH/USDT: A not-so-perfect bullish Inverse Head and Shoulders (iH&S) pattern has formed and already activated.
Targets are $2850 and $3000.
Invalidation is a 1-hour close below $2602.
This is a very tight swing trade, but offers a good risk-to-reward ratio if it plays out well. Please manage your risk according to your strategy.
Targets are $2850 and $3000.
Invalidation is a 1-hour close below $2602.
This is a very tight swing trade, but offers a good risk-to-reward ratio if it plays out well. Please manage your risk according to your strategy.
Trade active
Activated alreadyTrade closed: stop reached
Pattern invalidatedNote
Resist at 1.272 fib
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.