BitcoinShort
HEAD AND SHOULDERS forming on the 1 HOUR
I recently published an idea with a BIG typO in the title. Please excuse!
Hey guys!
Trades went well yesterday, but we haven't yet reached the breakout target of $9.4( ish ) from the inverse head and shoulders .
It looks like we now have a Head and Shoulders forming on the 1 hour which if confirmed, it looks like we could head back down to retest the 1:1 Gann Fan that is the Inverse Head and Shoulders neckline from the break up.
We'll see what we're looking like after the move down, depending on momentum -we could head back up and reach the previous target of $9.4.
Would love to hear what you all think! Do you think we're heading back down? Or do you think this is a Bull Flag?
Thanks for checking out my analysis!
Hey guys!
Trades went well yesterday, but we haven't yet reached the breakout target of $9.4( ish ) from the inverse head and shoulders .
It looks like we now have a Head and Shoulders forming on the 1 hour which if confirmed, it looks like we could head back down to retest the 1:1 Gann Fan that is the Inverse Head and Shoulders neckline from the break up.
We'll see what we're looking like after the move down, depending on momentum -we could head back up and reach the previous target of $9.4.
Would love to hear what you all think! Do you think we're heading back down? Or do you think this is a Bull Flag?
Thanks for checking out my analysis!
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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.