The ETH/USD has formed a bullish zigzag and it it is getting closer to W H3 camarilla pivot.
If the price manages to proceed above the W H3, it will be considered to be a bullish continuation move. W h3 stands exactly at 290.62 and the next target will be 302.78. A drop to the POC zone can be used for another long trade towards above mentioned levels. The POC zone is 276.20-277.10. A drop to W L3 – 266.30 will be considered neutral to bearish and that will be the last line of defense for bulls.
Many green pips,
Nenad Kerkez aka Tarantula FX
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