Head and shoulders playing out with the right shoulder half formed .
Wait for a break of the neckline and a candle close outside of the neckline /*Resistance before shorting
alternatively you can also wait for the back test of the Neckline and upon rejection open Short .
SL placement above the last swing high .
Point of control is a match for the move to the downside as a further confluence.
200EMA will also create a slow down in the move to the downside
Set a price alert around the $100 region and await the reaction at the Neckline .
Always use a SL and know your Invalidation
Like and Follow for regular setups Much appreciation
Wait for a break of the neckline and a candle close outside of the neckline /*Resistance before shorting
alternatively you can also wait for the back test of the Neckline and upon rejection open Short .
SL placement above the last swing high .
Point of control is a match for the move to the downside as a further confluence.
200EMA will also create a slow down in the move to the downside
Set a price alert around the $100 region and await the reaction at the Neckline .
Always use a SL and know your Invalidation
Like and Follow for regular setups Much appreciation
註釋
Neckline finally broken , Remember the more times we test the support the weaker it becomes . Lets see if we back test that region and dont be surprised to see that prev support now act as a resistance so if you want to add too your short that is the place to do it註釋
Backtested the Neckline and rejected相關出版品
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。