Look at this SHS

SHS pattern formed on BTC/USD with bearish divergence.

Entry 2500

Stop 2650

Target 2200

Secondary target is 1900-2200 zone

Note: Trade at your own risk, this is an especulation.

Note

We move stop to 2700
Our new target is 2100

Trade active

Note

Price broke main trendline

Note

First target reached

Note

Price is searching for a pullback on main trendline

Note

Touching secondary target

Note

Price is in our secondary target area, boom!

Note

Down to 1700 maybe?

Trade closed: target reached

Hope you had fun :)

carlosdelagarza

Also on:

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.

carlosdelagarza

Also on: