Dogeusdt forming a small Bullish iH&S pattern in 1hr tf
A bullish inverse Head and Shoulders (iH&S) pattern is forming. A close above 0.2294 on the 1-hour timeframe may activate the pattern.
Consider an entry between 0.2248 and 0.2294, assuming a breakout occurs without breaking the previous swing low.
The targets are 0.239 and 0.245.
Assuming the breakout happens, the price may revisit the liquidity sweep area afterward due to tight consolidation, potentially fueling further upward movement.
Therefore, it is advisable to wait for confirmation and a bounce at the liquidity sweep area before entering.
Consider an entry between 0.2248 and 0.2294, assuming a breakout occurs without breaking the previous swing low.
The targets are 0.239 and 0.245.
Assuming the breakout happens, the price may revisit the liquidity sweep area afterward due to tight consolidation, potentially fueling further upward movement.
Therefore, it is advisable to wait for confirmation and a bounce at the liquidity sweep area before entering.
Pesanan dibatalkan
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.