LINK forming Head and Shoulders on1hr
Simple Head and Shoulders idea. No complication here. Given the Link run last few days, RSI is starting to cool down. 0.618 looks likely and a move up there will start to confirm the right shoulder. Lets see how this plays out over the next several 1hr candles.
Nota
Swing/scalp longs will yield gains on the down trend. Irrespective of these volatility moves (given the extraordinary run up), ceiling is at 1.3472. Only a breach above on candle close will invalidate the H&S idea.Operación cerrada manualmente
Short Trade Closed. Far too bullish as 1.3472 breached. Lot of patterns on LTF to trade both Longs and Shorts. This kind of volatility is traders' dream.
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Get in touch with me if you would like access to my Premium scripts for a trial before deciding on lifetime access.
Telegram - @Trade_Chartist
Free Scripts - bit.ly/Free-Scripts
Telegram - @Trade_Chartist
Free Scripts - bit.ly/Free-Scripts
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.