ETHEREUM breakout, Possible ABCD pattern forming

ETHUSD

Ok, so ETH had a breakout at point X, the first thing what we can expect considering it's current price action is a formation of ABCD pattern with completion at around 985 area, followed by a correction towards support line. My strategy will be as follows, I'll wait until price tests supposed point D price level after that I'll will enter short with tight stops targeting support line, let's see how it goes.

Commentaire:

ABCD pattern completed

Transaction en cours:

Entering short
s\l 1031
t\p 800

Trade fermée: ordre d’arrêt atteint