'Potentially' a Inverted Head and Shoulders on the 5-15min time frame. I'm seeing this pattern on both LINKUSDT and BTCUSDT. Make sure to set a stop because it could certainly keep going down. Info is on the chart. Hit me with a like if you found the analysis interesting! I'll do my best to update the post if I see something meaningful.
Trade active
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Testing the neckline. Could tighten up stops just below the right shoulder.Note
Rejected from the neckline drawn here. Though it can be re-drawn with the updated price action and now be forming the right shoulder. Certainly have a stop set. The subjectivity of TA is kicking in.
Trade closed: stop reached
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I apologize for the white thumbnails on my ideas. I got in contact with support and found the issue was being caused by a VPN browser extension.
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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.