Clear H&S setting up in ETHUSD. Recent wave-up may be ending after breaking
minor support. Caution, for now, is in order. This does not mean a complete
reversal is in play. It means at the very least a pause. The problem is there are many
H&S forming everywhere in many asset classes and that is usually a market top
signal.
Obviously, a push above the head would be bullish.
minor support. Caution, for now, is in order. This does not mean a complete
reversal is in play. It means at the very least a pause. The problem is there are many
H&S forming everywhere in many asset classes and that is usually a market top
signal.
Obviously, a push above the head would be bullish.
Real Macro Economic Investing
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