YFI Head and Shoulders Pattern
YFI has a clear H&S Pattern formed. Once the neckline is broke it's all downhill from here.
Bearish divergence on the left shoulder and head also helps confirm strategy.
Bearish divergence on the left shoulder and head also helps confirm strategy.
Note
Neckline broke, send it!Note
Really low strength during current BTC run. Think this can still fall down to the entry.Trade closed: target reached
Target reached, my guess is lower though.
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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.