2 Guess Scenario

ETHUSD pair looks like want to challenge 200 Day MA, it might be walking the following 2 Scenario that we guess:

1st Scenario: Blue line, a possible ascending triangle development.

2nd Scenario: Green line, possible Back test 120 MA and 10 days MA

Kommentera:

Possible Scenario
Partial profit taking.

Kommentera:

>>1st Scenario: Blue line, a possible ascending triangle development.
Maybe an Ascending Triangle Development:

Kommentera:

200 D MA Target Reach. Rolling Stop Profit to the green zone(2 blue+2 red line Zone)

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Looks like aim at 360 Day MA(2080-2100)
Sellers are killing Sellers at this moment.

Kommentera:

Profit Taking, Trade Close.