Hey all!
Looks like we have a small inverse H&S here.. but it's kind of ambiguous as it could also be a normal head and shoulders with that first shoulder wave.
But -we have bullish divergence on the sRSI, and RSI (4HR)
Not too much strength behind it, but it's not a risky trade IMO.
My play here:
Wait for BTC to cross the 1:1 Gann Fan and play the break out, set a super tight SL and TP at around $9.3 - $9.4 (determine a more specific TP once it confirms).
If it is a bearish Head and Shoulders -wait for price to drop below the 2:1 and again set a super tight stop loss.
What do you guys think?
Thank you for looking at my idea!
Looks like we have a small inverse H&S here.. but it's kind of ambiguous as it could also be a normal head and shoulders with that first shoulder wave.
But -we have bullish divergence on the sRSI, and RSI (4HR)
Not too much strength behind it, but it's not a risky trade IMO.
My play here:
Wait for BTC to cross the 1:1 Gann Fan and play the break out, set a super tight SL and TP at around $9.3 - $9.4 (determine a more specific TP once it confirms).
If it is a bearish Head and Shoulders -wait for price to drop below the 2:1 and again set a super tight stop loss.
What do you guys think?
Thank you for looking at my idea!
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
