Get started
BitcoinUpdated

BTC - Potential Double Shouldered IH&S

|O.O|
Note
5 Positions:

Short Entry: 10749
Stop Loss: 11011
Target: 9856
R:R: 3.41

Long Entry: 9856
Stop Loss: 9614
Target: 10646
R:R: 3.27

Short Entry: 10646
Stop Loss: 10905
Target: 9737
R:R: 3.51

Long Entry: 9756
Stop Loss: 9299
Target: 11978
R:R: 4.86

Short Entry: 12089
Stop Loss: 12405
Target: 5561
R:R: 20.66
Trade active
Short Entry: 10749
Stop Loss: 11011
Target: 9856
R:R: 3.41
Note
snapshot
Note
snapshot
Note
snapshot
Note
Change to Current short position target and next long position:

Current position:
Short Entry: 10749
Stop Loss: 11011
Target: ---9671---
R:R: 4.11

Next Long Position:
Long Entry: ---9671---
Stop Loss: ---9427---
Target: ---10589---
R:R: 3.76
Note
snapshot
Note
snapshot
Note
Stop loss lowered in Next Long Position:
Long Entry: 9671
Stop Loss: ---9299---
Target: 10589
R:R: 2.47
Note
I know there is a lot going on in this chart, but the only important thing is the dotted white arrows - that's the path I think price could take over the next week snapshot
Note
snapshot
Note
snapshot
Trade closed: target reached
Short Entry: 10749
Stop Loss: 11011
Target: 9671
R:R: 4.11
Trade active
Open:
Long Entry: 9671
Stop Loss: 9299
Target: 10489
R:R: 2.2
Note
Order Placed:
Short Entry: 10714
Stop Loss: 11011
Target: 10121
R:R: 1.96
Note
snapshot
Note
snapshot
Note
Update to resting Order:
Short Entry: 10714
Stop Loss: 11011
Target: 9876
R:R: 2.85
Note
snapshot
Trade closed: stop reached
Head broken down, IHS invalid.
OrigamiOracle
Chart PatternsTrend Analysis
OrigamiOracle

Related publications

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.