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BNBBTC (Daily) – You wanna go short H&S ? Think again…

Well, it may look like a possible Head and Shoulders formation with market testing the neckline on daily chart right now but… We truly believe that in this case a simple look at the chart does not go well with fundamentals here. What would we like to see here?

Some kind of “invitation” for sellers would be welcome. In other words, a small breakdown here with strong rejection or something like a megaphone formation. Feel free to check the chart for more details.

 

Should you have any questions feel free to contact us anytime.

Good luck Champs!

Mr Hawk

 

 

DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past, current and future economic and financial markets environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material are not and cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016-2018. Contact: landoftradingATgmailDOTcom

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