Removing all the wicks, we can see that the price is forming a HS pattern. This pattern will be valid if the price tests the bottom of the HS, and if confirmed its target could go up to 0.22.
Trade with caution.
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Formation is in place, we will see first target 0.27500 taken first, following with 0.25-0.22
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Price seems to have bounced off from the bottom of the HS, for a final confirmation the top of the right should needs to act as resistance otherwise this pattern becomes invalid.
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After a re-test of the shoulder, we confirmed the pattern, we headed msot of the price targets, just 1 missing.
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