Bearish Flag ETH/USD 4h

٢٧ سبتمبر ٢٠١٨

This is a slight correction to my prior post showing this chart as a pennant. Recent price movement pushed the upper resistance line into a full flag, but price movement and behavior should be the same regardless.

Now that price has broken out below the support line (happened around $225), short position should be entered with take profit $110. This price target is based off of the flagpole length of $285 - $170 = $115, so $225 - $115 = $110.

٣ أكتوبر ٢٠١٨

ملاحظة

See newer charts posted after this, with slightly wider formation of bear flag and head and shoulders patterns.

٦ ديسمبر ٢٠١٨

أغلقت الصفقة: تم الوصول للهدف

٢٤ ديسمبر ٢٠١٨

ملاحظة

2-1-1, sideways trade before profit target being hit

٢٤ ديسمبر ٢٠١٨

ملاحظة

*2-1-0