Ethereum: Reverse Head and Shoulders

Textbook Reverse Head & Shoulders Pattern here on Ethereum 60 minute chart.

Head & Shoulders patterns are reversal patterns. They show a trend changing course and we use the neckline as our entry signal. When price crosses the neckline we enter with a stop below the neckline.

Entry above neckline 295 aggressive /300 conservative
Target around 315 (measurement from neckline to head)
Stop below 290 (below neckline)

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MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.