Head and Shoulders Pattern on ETH/USD 4h
Head and shoulders pattern formation fully complete on ETH/USD 4h. Restest of the $220 price level has failed and should result in future bearish movement.
Take profit level is the height of the head reduced from the breakout off the neckline, stop loss is set at the top of the right shoulder.
Take profit = $170
Stop loss = $240
Take profit level is the height of the head reduced from the breakout off the neckline, stop loss is set at the top of the right shoulder.
Take profit = $170
Stop loss = $240
Catatan
See newer chart posted 30 minutes after this one.Catatan
UPDATE: Do not use this chart. H&S is a reversal pattern and ETH/USD is currently at annual lows. Only look for inverse H&S if trying to use this pattern in a bear market.Trading ditutup secara manual
Halfway through profit target before closing based on the chart I postedCatatan
4-1-0 based on this chart, which finished ITMCatatan
Meh, we'll leave it 3-1-0 since I said not to use this one
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.