Bitcoin
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Seeya Bitcoin

609
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.


İşlem aktif
Here we go. Orders filling
Not
Lower low. ekran görüntüsü
İşlem aktif
Adding more to short position on a break of the bear flag pole:
ekran görüntüsü
İşlem aktif
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.
İşlem aktif
Reducing risk and moving stops to BE
İşlem aktif
Taking partial profits is a good idea
İşlem aktif
Majority of position closed, banking profits
İşlem kapandı: hedefe ulaştı
Wow pin point target reached!!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.