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 ativo
Here we go. Orders fillingNota
Lower low. Trade ativo
Adding more to short position on a break of the bear flag pole:Trade ativo
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 ativo
Reducing risk and moving stops to BETrade ativo
Taking partial profits is a good ideaTrade ativo
Majority of position closed, banking profitsTrade fechado: objetivo atingido
Wow pin point target reached!!
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.