Miketrades94

Miketrades94

could possibly see the right shoulder of a head and shoulders pattern forming here. Will be keeping my eyes on this to get into a short position.

Miketrades94

Just quickly after looking at a larger timeframe noticed what appears to be a head and shoulders pattern... anyone else see this?

Miketrades94

I actually planned on this trade being a very small 1:2 RR trade as i was looking at it on the 1 minute timeframe when I saw a head and shoulders pattern form, so I quickly entered and after seeing how rapidly it fell I then decided to target a lower level of Support. It's now running extremely nicely and looking to hit TP becoming a 1:7RR trade.

Miketrades94

There is lots information circulating the internet lately to do with SHIBA INU and what they expect the token can do over the upcoming months. I have just done some simple chart analysis showing how price right now is consolidating nicely and seems to be holding above a certain support zone. I would expect price to keep testing this region until the next latest...