OBR

Head and Shoulders FIGHT CLUB!

OBR Mis à jour   
BITFINEX:BTCUSD   Bitcoin
Targets of the initial head and shoulders patterns were met, albeit after the market played mindgames on the traders, with giant drops out of the ascending wedges.

Now I see two competing Head and Shoulders patterns. Which one will break the neckline first?

I'm personally using the lines of invalidation as entry and exit points. I think it is safe as it will invalidate the inverse head and shoulders. Considering the mindgames the market plays, better be safe than sorry. Trade at your own risk!

Now if both necklines break, but neither H&S is invalidated (by price breaks of the heads)... LOL.

GOOD LUCK BULLS!
Commentaire:
Neckline of the Inverse head and shoulders has been broken. BULLISH.
Commentaire:
KNOCK OUT! The winner is... THE GREEN TRUNKS

Volume a little low tho. Not feeling confident about this rally.
Commentaire:
Bull flag developing. If the bull flag breaks up, the target will be met!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.