TP1: 1.62715 (50pip)
TP2: 1.62939 (70pip)
TP3: 1.63298 (110pip)
ENTRY: 1.62198 to 1.62310
Plan: This potential move is subjective to the price when the market opens today.
Looking for entry when the price reaches between 1.62198 to 1.62310. Will hold 3 positions for this pair. Once TP1 is hit will move SL to entry for remaining positions.
Ethereum appears to have confirmed a bottoming out pattern, forming a double bottom on the weekly chart on 26th of august and 23rd september, of course the pattern is not complete until a confirmation break of the neckline at $210, but the charts are printing multiple bullish signals, with a break of a a multi month falling wedge that dates back to first contact...