Head & shoulders pattern forming on Bitcoin.
There is a demand zone shaded in blue that is acting as the last support. I'm expecting this to break, and break well with volume. A sloping neckline always performs better!
Volume is also decreasing on the right shoulder. All signs of a downward breakout.
Target is the green line, stops above red line once the neckline breaks.
Please give this trade idea a THUMBS UP and I will keep you updated!
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
There is a demand zone shaded in blue that is acting as the last support. I'm expecting this to break, and break well with volume. A sloping neckline always performs better!
Volume is also decreasing on the right shoulder. All signs of a downward breakout.
Target is the green line, stops above red line once the neckline breaks.
Please give this trade idea a THUMBS UP and I will keep you updated!
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Trade attivo
Here we go. Orders fillingNota
Lower low. Trade attivo
Adding more to short position on a break of the bear flag pole:Trade attivo
Didn't get the bear flag break. Manage risk as we are seeing a pull back now which hurts the H&S performance to target.Trade attivo
Reducing risk and moving stops to BETrade attivo
Taking partial profits is a good ideaTrade attivo
Majority of position closed, banking profitsTrade chiuso: obiettivo raggiunto
Wow pin point target reached!!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.