SAND is a potential H&S pattern and ...

SAND / TetherUSBinance

Description

⋅ Oct 14, 2021 1:49 PM

In SANDUSDT 4h
It tried to breakout short term downtrend but fail.
If it can break out the downtrend and we set up SL at right shoulder (0.6824)
*closure is higher than downtrend

TP1:0.8736
TP2:0.9522
TP3:0.9839
TP4:1.0521
TP5:1.1624

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Comments

a9sdaswfga31

⋅ Oct 15, 2021 2:15 PM

Candles look like shit today, should I consider the formation of h&s pattern failed?

Rex_yang

⋅ Oct 15, 2021 7:33 PM

@a9sdaswfga31, H&S pattern is confirmation by break out neckline!
It had not confirmation yet!