TRB quick H&S

Updated
Tellor just formed Head and Shoulders🤷 pattern on 15m and also broke the yellow uptrendline IF price breaks the Neckline 39.15 and stays below for a few bars, I will set SELL LIMIT order to the neckline level to catch the backtest as I think there is chance for drop to 35.9 later.
  • ENTRY: backtest of the Neckline @ 39.1
  • STOPLOSS (SL): Left Shoulder @ 40.47
  • TARGET (TP): Inverted H&S target projection @ 35.9
  • REWARD RISK RATIO (RRR): 2.5
  • INVALIDATION: when SL level hit


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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Trade active
So we got the neckline break and price stayed below for few bars, and then pulled back to the neckline. I'm in. Order filled ✔️
Trade closed: stop reached
Stoploss hit 🛑
Chart PatternscryptotellorTRBTRBBUSDTRBUSDtrbusdcTRBUSDTTrend Analysis

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