🔥 Ethereum PERFECT Bull-Flag Break Out

In my most recent ETH analysis I wrote that ETH was likely forming a bull-flag pattern and was going to break out in the near future.


And here we are. A break out, followed by a retest of the top resistance, which is exactly what bulls want to see.

Our entry has been hit and stop moved just below the retested resistance. This constructs a very decent trade with a risk-reward well over 12.