#ETH Bearish Head and Shoulders Structure?

Aug 26

📊#ETH Bearish Head and Shoulders Structure❓

😱When I woke up, I found that my position had decreased. It turned out that the profit was automatically stopped after reaching the target 🥳

🧠From a structural perspective, we have a bearish head and shoulders structure built near the resistance zone, but I am not prepared to participate in this short opportunity just yet because there is a larger level bull structure present. Moreover, it is very close to the 2694 support area, the inflection point below, so short selling is not cost-effective.

⚠️Note that the long orders we held near 2660 have been swept away after moving up SL. I will wait for new signals to appear before considering setting up new transactions☕️

Let’s see 👀

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