Looking at XBTUSD on the 1H chart.
Playing this inverse head and shoulders
Prejection- Head to neckline cloned is where our projection is and it come right into the profit taking zone in red.
Just remember this is a short term play being on the 1H chart. Make sure to "Plan your trade and trade your plan"
Playing this inverse head and shoulders
Prejection- Head to neckline cloned is where our projection is and it come right into the profit taking zone in red.
Just remember this is a short term play being on the 1H chart. Make sure to "Plan your trade and trade your plan"
Trade closed: target reached
I did also add to the position on the double bottomNote
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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.