ETHUSD going do to less than 500 after head and shoulders pat.

Calculating pullback from neck break through. We measure the distance from the top of the head to the place where the line breaks, and then we use that distance to measure the pullback starting again from the place where the line breaks. It seems ETH is going below 500 USD.

First idea ever published. I'm just trying this. Advice is welcome.

Kommentera:

IMPORTANT Yesterday I recalculated the target to **544 USD precisely.** That target was much more accurate. Much more importantly we have a big wick in the 4 hour chart indicating the downtrend might be over for now.

Please those who took info from this idea, take this important feedback into account.