The head and shoulders pattern is considered one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
Typically you short after dump and it retraces back to the neckline so pay attention to what happens in the $140 range
Clear head and shoulders on Solana with target in the 80s
1. We just touched this neckline of the H&S and it's currently active
2. You will find a wedge below that kicks off the decent
Typically you short after dump and it retraces back to the neckline so pay attention to what happens in the $140 range
Clear head and shoulders on Solana with target in the 80s
1. We just touched this neckline of the H&S and it's currently active
2. You will find a wedge below that kicks off the decent
Trade active
We just touched minutes ago ... good luck
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.
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.