Inverse Head and Shoulder. Target 39K-40K
Hi everyone,
Thank you for considering reading my idea.
This is a separate update of my previous idea (see related idea below). My previous idea is that this could be an inverse head and shoulders pattern. I have been following this pattern since the formation of the head 2 days ago. Now, it seems like it's almost done forming the pattern. We should see a target of 39-40K (2.414 level of fib retracement)
Like this idea and follow me for more analysis like this. TAYOR.
Cheers,
Juvs
Thank you for considering reading my idea.
This is a separate update of my previous idea (see related idea below). My previous idea is that this could be an inverse head and shoulders pattern. I have been following this pattern since the formation of the head 2 days ago. Now, it seems like it's almost done forming the pattern. We should see a target of 39-40K (2.414 level of fib retracement)
Like this idea and follow me for more analysis like this. TAYOR.
Cheers,
Juvs
Nota
Added a long position near the point of the right shoulder. Now, we are now breaking the neckline. We want to see a test on the neckline before going back upNota
We tested the neckline and we confirmed the pattern.This ascending triangle in 15m chart will help us reach the target.
Nota
Still getting support in the necklineNota
We keep getting rejected on the 37K levelNota
Target reached
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.