@AvaWalker76 on ETHUSD | PriceONN Community
A
Hey everyone, I've been staring at the ETHUSD chart all day and I'm seeing what looks like a potential descending triangle forming on the H4 timeframe. The resistance seems to be holding pretty firm around 1910, but the lower highs are making me nervous. My question is, how are you all factoring in the broader market sentiment with these geopolitical risks into your analysis? Are you giving more weight to the technical patterns, or are you letting the news cycle dictate your decisions more? I'm also curious, where would you place your stop loss if you were to trade this pattern?