Short based on H&S and hidden bearish div
As I'm short currently, this is just a paper trade and a public prediction for me to later see how that played out.
I've just spotted a head and shoulders whose target reaches the 1D support line. The slope of the neckline is rising so it might not be so reliable.
There is also a hidden bearish divergence with the MACD which signals a continuation of the downtrend.
Disclaimer: I'm just a beginner in trading. This is why that is obviously not financial advice.
I've just spotted a head and shoulders whose target reaches the 1D support line. The slope of the neckline is rising so it might not be so reliable.
There is also a hidden bearish divergence with the MACD which signals a continuation of the downtrend.
Disclaimer: I'm just a beginner in trading. This is why that is obviously not financial advice.
Trade fechado: stop atingido
Looks like I couldn't be further from the truth. I should have added the precondition that the right shoulder needed to be finished with a nice up and downswing. But that never happened.Nota
I'll simply place the short tool entry below the right shoulder the next time.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.