UnknownUnicorn3847527

Bitcoin Short To It's Lows - Continuation H&S Pattern Set-Up

Singkat
UnknownUnicorn3847527 Telah dikemas kini   
COINBASE:BTCUSD   Bitcoin
This is how this pattern is typically played out.

Stop at the point this pattern becomes invalidated.

Entry once price shows acceptance below.

First area of support, risk off.

Trailing stop to second area of support.

I view these large candles (circled) at the neckline as an indicator for a stronger follow through.

The thought is that such a rejection is the bulls last ditch effort to reject this neckline, strengthening it as support when it flips to resistance.
Dagangan ditutup: sasaran tercapai
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.