BTCUSD 4H DPO Analysis - Possible inverse H&S
The detrended price oscillator is excellent and removing "noise" from the price action chart. And is showing a possible inverse H & S pattern forming.
Entry at 7100
Set stop loss under support line.
Watch for when New York volume wakes up!!
Entry at 7100
Set stop loss under support line.
Watch for when New York volume wakes up!!
Giao dịch đang hoạt động:
Notice the level of bullish divergence between the price action chart and the DPO.
Giao dịch được đóng thủ công:
Giao dịch đang hoạt động:
Đóng lệnh: dừng lỗ:
Entry was 7100
Stop loss at 7145
Keep eye on new york volume.
especially near end of day trading to determine take profit if necessary