Inverse Head and Shoulders forming on the 1 hour
Hey guys!
Trades went well yesterday, but we haven't yet reached the breakout target of $9.4(ish) from the inverse head and shoulders.
It looks like we now have a Head and Shoulders forming on the 1 hour which if confirmed, it looks like we could head back down to retest the 1:1 Gann Fan that is the Inverse Head and Shoulders neckline from the break up.
We'll see what we're looking like after the move down, depending on momentum -we could head back up and reach the previous target of $9.4.
Would love to hear what you all think! Do you think we're heading back down? Or do you think this is a Bull Flag?
Thanks for checking out my analysis!
Trades went well yesterday, but we haven't yet reached the breakout target of $9.4(ish) from the inverse head and shoulders.
It looks like we now have a Head and Shoulders forming on the 1 hour which if confirmed, it looks like we could head back down to retest the 1:1 Gann Fan that is the Inverse Head and Shoulders neckline from the break up.
We'll see what we're looking like after the move down, depending on momentum -we could head back up and reach the previous target of $9.4.
Would love to hear what you all think! Do you think we're heading back down? Or do you think this is a Bull Flag?
Thanks for checking out my analysis!
Nota
*Head and shoulders (NOT INVERSE) typO
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.