Spotted... a bullish gartley on LINK/USD. Wait for a confirmed reversal. Link is also sporting an inverse head and shoulders, on a higher time frame, for which this current downward movement *may* be a throwback. If so, very bullish on this. Macro factors don't look favorable for risk assets, so that should be strongly considered with this trade.
Note
Correction - not yet near the neckline of the H&S, and thus this wave c of the zig-zag is not a throwback. If we do get a reversal here, then it will likely be the beginning of a wave 3, and the wave 4 could be a throwback, not going too far under the neckline.
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.
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.