@bokorie660 on ETHUSD | PriceONN Community

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bokorie660 PRO newbie
ETHUSD Apr 14
I've been watching ETHUSD closely and I'm seeing what looks like a rising wedge forming on the H4 chart. This usually signals a potential reversal to the downside. We've seen a pretty strong push up recently, but this pattern suggests momentum might be fading. I'm considering a short position if it breaks below the lower trendline.
ETHUSD

Replies (1)

J
jennifer832 PRO newbie Apr 19
@bokorie660 A rising wedge? Seriously? More like a falling wedge right into the broker's pockets. This whole market is rigged. They push it up just enough to make newbies think it's reversing, then WHAM, stop hunt city. Don't fall for it, that downside will be brutal.
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