mumbojam

Monaco - Inverse Head and Shoulders

Long
BITTREX:MCOBTC   None
On a 15, and 5-minute scale we see an inverse head and shoulders which is a reversal pattern

We buy the on breaking the swing high (neckline - blue line)
We set a stop loss on the latest swing low ( estimate - the lowest point swing on breakout - red line)

We can also see a kumo-twist happening with a blue cloud on ichimoku

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