A bearish head and shoulders pattern is forming.
If it closes below 2.0811 on the 4-hour timeframe, the pattern may be activated.
Targets are 1.95, 1.80, and 1.65.
Invalidation occurs if the high of the right shoulder (2.3355) is broken.
If it closes below 2.0811 on the 4-hour timeframe, the pattern may be activated.
Targets are 1.95, 1.80, and 1.65.
Invalidation occurs if the high of the right shoulder (2.3355) is broken.
Note
Still intact
Trade active
Activated
Note
Tp 1 reached
Trade closed: target reached
Closed manually. to align with btc's perspective, may form a bullish ih&s pattern
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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.
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.