Injective / USDTמעודכן INJECTIVE Head and Shoulders
Just a quick trade set up that could be a good LONG to take. Price looks to have printed an inverse Head and Shoulders which looks like a bullish reversal.
Along with the Bullish inverse Head and Shoulders INJ broke the bearish diagonal trendline with a strong retest as new support and consistent higher lows being posted.
Using a price forecast that is a mirrored copy of the move down I think that if BTC behaves we should see something similar with incremental take profit points on the way up.
Clear invalidation is a clean break below the head of the Head and Shoulders pattern.
Along with the Bullish inverse Head and Shoulders INJ broke the bearish diagonal trendline with a strong retest as new support and consistent higher lows being posted.
Using a price forecast that is a mirrored copy of the move down I think that if BTC behaves we should see something similar with incremental take profit points on the way up.
Clear invalidation is a clean break below the head of the Head and Shoulders pattern.
הערה
TP1 hit, good reaction from the breakout. Alts still subject to BTC's fluctuations.Still in the trade for now
עסקה סגורה: הגיע לסטופ
TP1 proved to be strong resistance and couldn't be flipped resulting in a continuation of drawdown. I hope INJ can find its feet soon, without a strong BTC this looks unlikely for nowעסקה סגורה: היעד הושג
The SL may have been too aggressive but the overall trade idea turned out correct. TP3 hit once price reclaimed the SL level.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.