STORM/ETH 2HR PATTERNS & RESISTANCE

17 Oca 2019

VFI positive recently found support on the EMA and above 200MA,should test target zone despite the low quality of mini H&S both in structure and due to lower timeframe of 2hours,patterns are greater indicators of future movement when they show on longer timeframes,last for a long time and have firmer structure.Price may retest support before heading up,note recent double bottom though,usually a positive signal for an uptick though they where all time lows,should still be positive in effect