Crypt0_Ninja

Symmetrical triangle+head and shoulders

Long
BINANCE:LINKUSDT   ChainLink / TetherUS
Potential head and shoulders inside the triangle. If we manage to confirm with support fibonacci level 0.5 we have a potential opportunity to attack the levels above fibonacci 0.618 if this happens and we have a confirmed head and shoulders pattern there is a possibility to break the resistance of the Symmetrical triangle. Pattern head and shoulders is not valid if the second shoulder is lower than the first, but in this case we have a support line of the triangle. Good luck and always use stop loss and risk management.

Crypto Trading Community discord.gg/cyberninjas
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.