Ethereum. Cup and handle or head and shoulders
Bom Dia amigo!! I think i spoted a head and shoulders on the 1 hour timefram. (made a screen shot on the left of the chard).
If this head and shoulders plays out it should bring us exactly to our cup and handle scenario at the 0.5 fib. If this plays out the 7428 level is our target.
If i was wrong and we go deeper then we can still see a head and shoulder pattern being formed at the 0.618 fib and also if this one plays out the 7428 level is our target.
So put buy orders on both 0.5 and 0.618 fib levels.
Let me know what you think.
If this head and shoulders plays out it should bring us exactly to our cup and handle scenario at the 0.5 fib. If this plays out the 7428 level is our target.
If i was wrong and we go deeper then we can still see a head and shoulder pattern being formed at the 0.618 fib and also if this one plays out the 7428 level is our target.
So put buy orders on both 0.5 and 0.618 fib levels.
Let me know what you think.
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Also it could be a cup and handle playing out now heading downwards from the 3794.86 level. 
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