ETHEREUM breakout, Possible ABCD pattern forming

3. Jan. 2018

ETHUSD

Ok, so ETH had a breakout at point X, the first thing what we can expect considering it's current price action is a formation of ABCD pattern with completion at around 985 area, followed by a correction towards support line. My strategy will be as follows, I'll wait until price tests supposed point D price level after that I'll will enter short with tight stops targeting support line, let's see how it goes.

4. Jan. 2018

Anmerkung

ABCD pattern completed

6. Jan. 2018

Trade ist aktiv

Entering short
s\l 1031
t\p 800

8. Jan. 2018

Trade geschlossen: Stop wurde erreicht