ETH in bearish 4th wave triangle

12 בנוב׳ 2018

Confluence at target with long term horizontal support, triangle measurement from A-B projected from E and also Algo target from most recent significant swing high to swing low. Trade is invalidated if E wave goes above C of the ABCDE.

Longs outpacing shorts which can be construed as a contrarian indicator.

20 בנוב׳ 2018

עסקה סגורה: היעד הושג

Happened sooner than expected. Still technical.