ETHUSD & BTCUSD Inverse Head & Shoulders Forming on 4H Chart
已更新
There is a bullish inverse head and shoulders pattern forming on the 4 hour charts for both ETHUSD and BTCUSD.
Trade on breakout and be careful of fake-outs. If you want to be more careful, wait for breakout that comes back to test the support (previous resistance around the 135-136 region) and bounces again before going long. Target around 147-148.
Just sharing an observation. Trade only what you can afford to lose and only after confirmation candles after breakouts. Never fomo. Its ok to miss an entry and wait for next opportunity rather than taking a higher risk without confirmations and possibly getting caught in a fake-out.
For bullish traders who want to take a higher risk and go for a higher target, always get your stop losses in profit at a comfortable amount just in case price reverses and starts a downtrend after hitting the first target.
Good luck!
Trade on breakout and be careful of fake-outs. If you want to be more careful, wait for breakout that comes back to test the support (previous resistance around the 135-136 region) and bounces again before going long. Target around 147-148.
Just sharing an observation. Trade only what you can afford to lose and only after confirmation candles after breakouts. Never fomo. Its ok to miss an entry and wait for next opportunity rather than taking a higher risk without confirmations and possibly getting caught in a fake-out.
For bullish traders who want to take a higher risk and go for a higher target, always get your stop losses in profit at a comfortable amount just in case price reverses and starts a downtrend after hitting the first target.
Good luck!
注释
Latest adjusted right shoulder according to price movement.注释
Are we doing it? For safer entries wait for bounce off support (previous resistance).
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。