Hi all
This is my first post and am in the process of learning. This is just to get as many ideas/ inputs from all and to share my point of view. On the 4hr chart i see a potential H&S pattern. I measured the Head height and looked for the next support level down. So according to my analysis, the price may go down upto 0.3cents. Only if the H&S pattern becomes valid.
Please have a look at my chart and give inputs. This is not a financial advice. DYOR before investing.
Thanks
This is my first post and am in the process of learning. This is just to get as many ideas/ inputs from all and to share my point of view. On the 4hr chart i see a potential H&S pattern. I measured the Head height and looked for the next support level down. So according to my analysis, the price may go down upto 0.3cents. Only if the H&S pattern becomes valid.
Please have a look at my chart and give inputs. This is not a financial advice. DYOR before investing.
Thanks
Trade closed: stop reached
Seems my analysis was wrong. i see that when ever the general trend says " it will go up", in reality the market goes the other way.
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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.