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orminlange
2018年2月4日午前8時36分

SHS formation says "sell"! ショート

Ethereum / US DollarPoloniex

詳細

So i'am very bearish here in medium term.

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the red line is the neck line from SHS @4h chart

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i will change my bearish stance of course if the neckline will be successful attacked.

トレード稼働中

short @938$ SL, after succesful attack on the neckline, TP around 660$

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Total marketcap have also SHS formation in play:

drive.google.com/open?id=19RTFdGHllJgst2G3h5GjmIF6cGtqFQPl

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the neckline of Total marketcap's SHS was succesfully attacked, but for invalidation of such formation sometimes is used the blue line, called maybe "the shoulders line". Only attack of price above this line will definitely invalidate SHS formation.

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For all the charts i use of course logarithmic view, because i found that fulfilling of formations like SHS works better than in arithmetic charts.

手動でトレードを終了しました

closed @ 829$ waiting for price action to renew entry
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