It is important to look for significant support that might impede the falling momentum. Check if a critical support exists between the head and shoulders pattern and the target before trading. (In this trade we have two, roughly 7941 and 7895.)
Dagangan aktif
Test of the neckline appears to have failed, this is a common pattern in Head and Shoulders. Still monitoring this closely as ₿itcoin is in a mega bull cycle and this is a short term play.
Pesanan dibatalkan
Breakout occurred on the neckline, trade idea cancels out for this position.
All posts are for educational purposes and are simply my views of markets conditions.
Please do your own research and use my content to educate yourself.
Please do your own research and use my content to educate yourself.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
All posts are for educational purposes and are simply my views of markets conditions.
Please do your own research and use my content to educate yourself.
Please do your own research and use my content to educate yourself.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.