ETHUSD Flag Pattern = continuation on break-out

ETHUSD Athough at top of flag cannot short here any more

Same conditions apply as yesterday, full of whip inside this
flag - but 2 strikes on the lower parallel means hot so if so it
will find support at 413...don't sell this any more. If we see it
break above the top of the flag and then beat 425 it should
rally well for thenext hour or two on momentum break out.
Worth following. Will need to break below 413 to show
interest is waning now, and to open the door to a fall to the
lower support/parallel at 392

评论:

time to stop riding this one soon...had four pulses up within the main impulse wave chanelling this move today and therefore likely to run out of upside momentum soon...look to close out on any near test of the upper parallel and consider definitely once the the lower parallel is lost.
It's been a great day here, time to lock profits in soon .