This 3-Bart Head & Shoulders has been forming on a 15 minute chart. No way we get a topping formation
after a $4000 drop. I remember an Inverted Head and shoulder last week at $7600. It failed. Now we have
a much small one $1500 lower. WTF? This 15 minute pattern creates a bear flag on the 4 to 6 hour chart.
I'll post a 1 hour chart next, to show how this seemingly H & S on the 15 minute, may actually be creating
a bigger Inverted H & S on the 1 hour chart. If it completes, it measures up to the golden cup (.382 retrace)
at $7600. So far, we can't even get to the resistance at $6800, let alone the retestof the giant symmetrical
triangle up above at $7200.
after a $4000 drop. I remember an Inverted Head and shoulder last week at $7600. It failed. Now we have
a much small one $1500 lower. WTF? This 15 minute pattern creates a bear flag on the 4 to 6 hour chart.
I'll post a 1 hour chart next, to show how this seemingly H & S on the 15 minute, may actually be creating
a bigger Inverted H & S on the 1 hour chart. If it completes, it measures up to the golden cup (.382 retrace)
at $7600. So far, we can't even get to the resistance at $6800, let alone the retestof the giant symmetrical
triangle up above at $7200.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.