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.)
交易進行
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.
取消訂單
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.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
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.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。