Crypto-Scalper

XLM Short Idea (Heads and Shoulders)

Kort
Crypto-Scalper Uppdaterad   
COINBASE:XLMUSD   Stellar
Hello traders,

Removing all the wicks, we can see that the price is forming a HS pattern.
This pattern will be valid if the price tests the bottom of the HS, and if confirmed its target could go up to 0.22.

Trade with caution.
Kommentera:
Formation is in place, we will see first target 0.27500 taken first, following with 0.25-0.22
Kommentera:
Kommentera:
Price seems to have bounced off from the bottom of the HS, for a final confirmation the top of the right should needs to act as resistance otherwise this pattern becomes invalid.
Kommentera:
After a re-test of the shoulder, we confirmed the pattern, we headed msot of the price targets, just 1 missing.
Trade stängt: målet nått
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