Is eth ready for its big correction? Possible head and shoulders could be forming on this top range leading to a potential entry setup for a larger move to the downside. As the trend begins to show signs of weakness we are still looking for a nice correction back to the break out range of approximately 1325-50. Thoughs on our current trading idea are welcome and encouraged.
Currently looking for a 5.5% move up to 1635 ending sometime in the next 24 hours and then start a persistent down trend to 1335 on February 18-23. If not at these levels by this time a relief pump will most likely occur in its place.
Currently looking for a 5.5% move up to 1635 ending sometime in the next 24 hours and then start a persistent down trend to 1335 on February 18-23. If not at these levels by this time a relief pump will most likely occur in its place.