Shampoo formation on LINK
- head and shoulders have a low hit rate when it comes to playing out in a bull market
- that said, LINK is in a very clear hs that is not only present on the daily but on the 2D and 3D chart as well
- if there ever was a time for a shampoo to actually breakdown, this would be it
- target more than 20% lower
- that said, LINK is in a very clear hs that is not only present on the daily but on the 2D and 3D chart as well
- if there ever was a time for a shampoo to actually breakdown, this would be it
- target more than 20% lower
Trade active
Idea invalidated. As pretty much expected, head and shoulders have a terrible hit rate and this time was no different.
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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.