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Randall_Smith

KSM: Watching for either a double bottom or inverse H & S

Long
Kusama (KRAKEN:KSMUSD)  
Randall_Smith Updated   
KRAKEN:KSMUSD   Kusama
Chart Patterns
1
0
chartpattern
Blue path shows the possibility of an Inverse, Red a double bottom such as Eve and Adam and so forth. Worth watching for confirmation....
Comment:
Following Red Path, hoping for a bounce again at 105-116
Comment:
Followed red path to the T, at support, looking for a bounce, a close below 102 would be the invalidation.
Hind Sight: Rejection at 185 would have been the signal to go short.
Comment:
Unless price reclaims 115, double bottom invalid. Might see an underside test for a quick "sell the bounce" then short it back down if rejected.
Order cancelled:
This idea became invalid, no loss though.
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