Stellar Lumens
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XLM Short Idea (Heads and Shoulders)

994
Hello traders,

Removing all the wicks, we can see that the price is forming a HS pattern.
This pattern will be valid if the price tests the bottom of the HS, and if confirmed its target could go up to 0.22.

Trade with caution.
Not
Formation is in place, we will see first target 0.27500 taken first, following with 0.25-0.22
Not
XLM/USD Trade Update
Not
Price seems to have bounced off from the bottom of the HS, for a final confirmation the top of the right should needs to act as resistance otherwise this pattern becomes invalid.
Not
After a re-test of the shoulder, we confirmed the pattern, we headed msot of the price targets, just 1 missing.
İşlem kapandı: hedefe ulaştı

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.