Acel

Markets in Profile: Range Expansion

Acel Updated   
COINBASE:ETHEUR   Ethereum / Euro
ETHEUR pair has a breakout bias this week. Potentially it can breakout before Wednesday.

Oscillators bias: Neutral
EWP bias: Bullish*

*Potential triangle 4th correction into a last push before further correction.

Comment:
There is triangle breakout confirmation on USD pairs. Keep in mind that this creates yet another gap on BTC1!, potentially an exhaustion one too.
Comment:
Didn't quite make it to the target- sad. Now, this can be an ending diagonal while trading above 199 or we have entered a correction of a bigger degree.

Weekly range expansion was to the downside, aka direction doesn't matter its all about volatility.



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