Hey Guys , what do you think about Square heading into ?
from my perspective , im seeing an inverse H&S chart pattern is forming ,
if i add an extra confluence by using fibonacci swing low to swing high , price happened to reject to the 50% fib area,
another confluence that i added is by using 200 Moving Average on the daily timeframe ,
and price did touch to the 200ma and fail to break to the downside ,
let's keep watching if price does create a perfect inverse head n shoulder and break the resistance above, then we can see price continue to the upside .
let me know what you think !
( becareful to buy calls in this bearish month with Evergrande news and FED Meeting )
Do your own analysis .
from my perspective , im seeing an inverse H&S chart pattern is forming ,
if i add an extra confluence by using fibonacci swing low to swing high , price happened to reject to the 50% fib area,
another confluence that i added is by using 200 Moving Average on the daily timeframe ,
and price did touch to the 200ma and fail to break to the downside ,
let's keep watching if price does create a perfect inverse head n shoulder and break the resistance above, then we can see price continue to the upside .
let me know what you think !
( becareful to buy calls in this bearish month with Evergrande news and FED Meeting )
Do your own analysis .
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.