alright, so the last H&S I spotted was flopper -
"never tried, Never failed, No matter, try again, fail again, fail better" *optimistic*
I did chart it LONG back but with so many moves on Smaller Time frame I messed it up -
as I said in telegram this year gonna be focusing more & more on swing trades not letting smaller TF moves piss me off. Right now I am not in any Long Leverage Position, I am holding a Long position on Gold though!!
Anyways let's get this done -
So clearly as you can see we might be building an Inverse Head & Shoulder on weekly charts, targets are mentioned on the chart.
One more good case for this long is the breakout of the falling wedge on weekly TF -
We have broken out of Falling wedge & there should be a retest soon, which can possibly be the right shoulder.
on the monthly chart, we might be forming a bullish BAT as well now as you can see there have been many wicks on both sides as it's monthly candles but for me it's candle closes that are important
I usually don't go for fundamentals but when we have FEAR of WW3 around I am sure people are GREEDY with their Gold & Bitcoins
you can also use Leverage on Bitmex or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)
"never tried, Never failed, No matter, try again, fail again, fail better" *optimistic*
I did chart it LONG back but with so many moves on Smaller Time frame I messed it up -
as I said in telegram this year gonna be focusing more & more on swing trades not letting smaller TF moves piss me off. Right now I am not in any Long Leverage Position, I am holding a Long position on Gold though!!
Anyways let's get this done -
So clearly as you can see we might be building an Inverse Head & Shoulder on weekly charts, targets are mentioned on the chart.
One more good case for this long is the breakout of the falling wedge on weekly TF -
We have broken out of Falling wedge & there should be a retest soon, which can possibly be the right shoulder.
on the monthly chart, we might be forming a bullish BAT as well now as you can see there have been many wicks on both sides as it's monthly candles but for me it's candle closes that are important
I usually don't go for fundamentals but when we have FEAR of WW3 around I am sure people are GREEDY with their Gold & Bitcoins
you can also use Leverage on Bitmex or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)