'Potentially' a Inverted Head and Shoulders on the 5-15min time frame. I'm seeing this pattern on both LINKUSDT and BTCUSDT. Make sure to set a stop because it could certainly keep going down. Info is on the chart. Hit me with a like if you found the analysis interesting! I'll do my best to update the post if I see something meaningful.
Trade active
Comment:
Testing the neckline. Could tighten up stops just below the right shoulder.
Comment:
Rejected from the neckline drawn here. Though it can be re-drawn with the updated price action and now be forming the right shoulder. Certainly have a stop set. The subjectivity of TA is kicking in.
Rejected from the neckline drawn here. Though it can be re-drawn with the updated price action and now be forming the right shoulder. Certainly have a stop set. The subjectivity of TA is kicking in.
Trade closed: stop reached
Comment:
I apologize for the white thumbnails on my ideas. I got in contact with support and found the issue was being caused by a VPN browser extension.