Potential Inverse Head and Shoulder. Target 41.7K
Hi everyone,
From our previous idea of the head and shoulder with a target of 33.6K, we may now be forming another head and shoulder but an inverse one. Note that this is VERY EARLY to tell. But if we ever form this pattern. The target, initially, could be at around 41K in the next few days.
Follow me on TradingView to get updates! NFA. DYOR. TAYOR.
Cheers,
From our previous idea of the head and shoulder with a target of 33.6K, we may now be forming another head and shoulder but an inverse one. Note that this is VERY EARLY to tell. But if we ever form this pattern. The target, initially, could be at around 41K in the next few days.
Follow me on TradingView to get updates! NFA. DYOR. TAYOR.
Cheers,
Nota
Target of previous idea H&S reached. We may have reached the peak of the head. We should see a bounce from there. We're also seeing a bullish divergence in the RSI.
Nota
Adjusted the head. We're almost done forming the head. Let's see if it's going to form.Nota
Looks like we didnt reach my initial formation. Though, I managed to adjust the pattern. New target at 40kNota
Almost done forming the right shoulder. Will we go up to form it or continue going down invalidating the pattern?Nota
Bouncing right now. When i draw a fib retracement from neckline to right shoulder, the target is near the 2.414 levelNota
Posted a separate update here: 
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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.