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orminlange
Feb 4, 2018 8:36 AM

SHS formation says "sell"! 做空

Ethereum / US DollarPoloniex

描述

So i'am very bearish here in medium term.

评论



the red line is the neck line from SHS @4h chart

评论

i will change my bearish stance of course if the neckline will be successful attacked.

交易开始

short @938$ SL, after succesful attack on the neckline, TP around 660$

评论

Total marketcap have also SHS formation in play:

drive.google.com/open?id=19RTFdGHllJgst2G3h5GjmIF6cGtqFQPl

评论

the neckline of Total marketcap's SHS was succesfully attacked, but for invalidation of such formation sometimes is used the blue line, called maybe "the shoulders line". Only attack of price above this line will definitely invalidate SHS formation.

评论

For all the charts i use of course logarithmic view, because i found that fulfilling of formations like SHS works better than in arithmetic charts.

交易手动结束

closed @ 829$ waiting for price action to renew entry
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