BTC 15m Head and Shoulders and 1H Double Top on the Trend Waves
We can use candle patterns on the oscillators too. On 1h my waves oscillator, we have a double top, ideally rejected from the 70 lines, and it broke down the neckline.
A pullback in strength could go below a zero line. In that case, aggression (grey wave) would be rejected in the area of -50 to -70.
The head and shoulders pattern formed on a 15m timeframe, and it retests the neckline at the moment of writing this, with a possible drop to 30300 right through the hole on VPVR on the right.
Again, the fact that I remain bearish should not change the fact that trading against the trend is a big NO-NO.
A pullback in strength could go below a zero line. In that case, aggression (grey wave) would be rejected in the area of -50 to -70.
The head and shoulders pattern formed on a 15m timeframe, and it retests the neckline at the moment of writing this, with a possible drop to 30300 right through the hole on VPVR on the right.
Again, the fact that I remain bearish should not change the fact that trading against the trend is a big NO-NO.
Trade fermée: cible de profit atteinte
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Publications connexes
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.