ETHUSD - Blasting off as predicted!

20 May 2018

As predicted in my analysis last week, Ethereum has begun blasting off. Prudent traders were watching the bullish flag pattern that had form and watching for a breakout of the upper channel of the flag. Due to the very large size of this pattern we could see quite a large rally in the days, weeks and even months ahead. If this is a pattern you are trading or are interested in trading there are a vast number of ways to manage your risk/reward and profit taking levels. I mention just a few potential way to trade a flag pattern but as always follow your rules and stick to the risk you are comfortable with.

20 May 2018

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A link to the original analysis