WE HAVE A GOOD SIZE HEAD AND SHOULDER PATTERN ALMOST COMPLETING INSIDE A LARGER INVERSE HEAD AND SHOULDER PATTERN AT THE EXACT SAME POINT WHERE BOTH PATTERNS WILL EITHER BREAK DOWN OR GO UP. (WHERE THE STAR ON MY CHART IS)
IF H&S WINS: TARGET: APPROX $600
IF INVERSE H&S WINS: TARGET: APPROX $1,400
NORMALLY LARGER PATTERN TRUMPS SMALLER ONE BUT...
THE ABOVE ARE MY OPINIONS AND SO PLEASE USE YOUR OWN JUDGEMENT AND TRADE RESPONSIBLY. CRYPTO-CURRENCIES ARE A VERY VOLATILE AND FAST CHANGING TRADING SPACE UNLIKE ANYTHING WE'VE SEEN BEFORE. THINGS CHANGE ERRATICALLY AT TIMES SO ITS IMPORTANT TO BE NIMBLE AND CHANGE YOUR POSITION WHEN TRENDS OR PATTERNS YOU FOLLOW FAIL TO REAP THE FRUITS YOU HOPED FOR.
GOOD LUCK AND IF YOU LIKE MY IDEAS, CHARTS AND COMMENTARY, PLEASE ENCOURAGE BY LIKING AND FOLLOWING ME ON TRADING VIEW.
IF H&S WINS: TARGET: APPROX $600
IF INVERSE H&S WINS: TARGET: APPROX $1,400
NORMALLY LARGER PATTERN TRUMPS SMALLER ONE BUT...
THE ABOVE ARE MY OPINIONS AND SO PLEASE USE YOUR OWN JUDGEMENT AND TRADE RESPONSIBLY. CRYPTO-CURRENCIES ARE A VERY VOLATILE AND FAST CHANGING TRADING SPACE UNLIKE ANYTHING WE'VE SEEN BEFORE. THINGS CHANGE ERRATICALLY AT TIMES SO ITS IMPORTANT TO BE NIMBLE AND CHANGE YOUR POSITION WHEN TRENDS OR PATTERNS YOU FOLLOW FAIL TO REAP THE FRUITS YOU HOPED FOR.
GOOD LUCK AND IF YOU LIKE MY IDEAS, CHARTS AND COMMENTARY, PLEASE ENCOURAGE BY LIKING AND FOLLOWING ME ON TRADING VIEW.
Comment:
LOOKING GOOD TO COMPLETING THAT INVERSE H&S
Comment:
KEEP AN EYE ON 100 AND 200 EMA.
MUST VIOLATE BOTH TO CONFIRM.
MUST VIOLATE BOTH TO CONFIRM.
Comment:
ETHERIUM IS SO CLOSE TO COMPLETING INVERSE H&S. RIGHT SIDE TAKING A LOT LONGER THAN MY SKETCH BUT THE IDEA IS THERE AND THE SAME. ETH WILL HAVE TO VIOLENTLY VIOLATE EMA200 TO COMPLETE THE SUCCESSFUL PATTERN WITH THE $1,400 TARGET. VERY EXCITING. PLEASE LIKE IF YOU AGREE