ETHUSD has established its price action above the MA50 (1d) for almost 1 month.
It is limited by the 2020 Resistance and this gives form to an Ascending Triangle, the same pattern we saw in December.
When the pattern's Resistance broke, an aggressive breakout leg started that stopped on Fibonacci 2.0.
Trading Plan:
1. Buy when a (1d) candle closes over the Ascending Triangle.
Targets:
1. 2500 (Fibonacci 2.0 level).
Tips:
1. The RSI (1d) also posts almost the exact same sequence as last November-December.
Please like, follow and comment!!
It is limited by the 2020 Resistance and this gives form to an Ascending Triangle, the same pattern we saw in December.
When the pattern's Resistance broke, an aggressive breakout leg started that stopped on Fibonacci 2.0.
Trading Plan:
1. Buy when a (1d) candle closes over the Ascending Triangle.
Targets:
1. 2500 (Fibonacci 2.0 level).
Tips:
1. The RSI (1d) also posts almost the exact same sequence as last November-December.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰