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orminlange
4 Th02 2018 08:36

SHS formation says "sell"! Giá xuống

Ethereum / US DollarPoloniex

Mô tả

So i'am very bearish here in medium term.

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the red line is the neck line from SHS @4h chart

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i will change my bearish stance of course if the neckline will be successful attacked.

Giao dịch đang hoạt động

short @938$ SL, after succesful attack on the neckline, TP around 660$

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Total marketcap have also SHS formation in play:

drive.google.com/open?id=19RTFdGHllJgst2G3h5GjmIF6cGtqFQPl

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the neckline of Total marketcap's SHS was succesfully attacked, but for invalidation of such formation sometimes is used the blue line, called maybe "the shoulders line". Only attack of price above this line will definitely invalidate SHS formation.

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For all the charts i use of course logarithmic view, because i found that fulfilling of formations like SHS works better than in arithmetic charts.

Giao dịch được đóng thủ công

closed @ 829$ waiting for price action to renew entry
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