ETH Reverse Head and Shoulders-- LONG

I think Ethereum is ready to buck this recent downtrend on the basis of a reverse head and shoulders. We've been trading sideways for a while in a compressing pattern and until we make a confident break of this sideways action, you have to expect that we will oscillate. In addition to approaching the recent local bottom of 2280ish, this looks like a perfect opportunity to form a reverse head and shoulders and force the bears to cover their shorts.

TP1: 2630 (+9.3%) -- neckline of reverse H&S
TP2: 2830 (+17.7%) -- higher target if we breakout above the neckline

Published trade statistics:
Win Percentage: 6/7= 86%
Avg Gain on Wins: 12%
Avg Loss on Losses: -20%
Weighted Avg P/L % : 7.81%

Pending Trades (including this post): 2

- Sultan of Chart

*This is not financial advice*