Update on The Bitcoin-BTCUSDT- Head and Shoulders pattern formation 60 minute charts & Short Setup
1 HOUR
"Head and Shoulders" pattern formation, entering short!
1. Enter a "short" trade below the low of the breakdown bar at @ 3735.00
2. Target 62% to 100% of the pattern depth from the breakdown level at @3488.00 (1st target) and at @ 3331.00 (2nd target)
3. Place a "stop" order above the neckline at @3895.00.
Enjoy our limited Content and Setups,
leave us a like and Comment!!
1 HOUR
"Head and Shoulders" pattern formation, entering short!
1. Enter a "short" trade below the low of the breakdown bar at @ 3735.00
2. Target 62% to 100% of the pattern depth from the breakdown level at @3488.00 (1st target) and at @ 3331.00 (2nd target)
3. Place a "stop" order above the neckline at @3895.00.
Enjoy our limited Content and Setups,
leave us a like and Comment!!
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Related publications
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.