Kelevra369

avax short, Head and Shoulders

Short
Kelevra369 Updated   
BINANCE:AVAXUSDT   AVAX / TetherUS
Head and Shoulders pattern as range deviation.

- Declining volume. Breakout + bearish retest with high volume.

- 55Ema as confluence. Should remain resistance, if setup is valid.

- Confirmation: Hiddenbearish divergence on neckline retest

Target: Volume gap at mid range level, head-neckline distance

Trade closed: target reached:
Target hit.

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