So the blue drawing is an inverse head and shoulders pattern that has the proclivity to break up through the resistance line of this bull triangle in blue which is also bullish. If it breaks through the top of the triangle it will move up if it finds a bounce off the support line after breaking through. This is where you enter 1.79. 1.43 might be tested but isn't defined as going up yet and could break there so you need to have confirmation at a higher price for a better investment. Since its a newer asset buying in at 1.43 is a gamble (although not the worst) which is cheaper and it could fall from there which wouldn't be ideal. That is why we buy in after confirmation of strength of the move at a 1.79.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.