ALGO: Inverse Head and Shoulders Pattern- Bullish Signal

ALGO: Inverse Head and Shoulders Pattern Signals Bullish Short-Term Trend

ALGO has completed an inverse head and shoulders pattern on the 4-hour chart, suggesting a potential resumption of the bullish short-term trend. The daily chart also shows a strong bullish candle closing above the neckline of the pattern, indicating further growth.

The first target and resistance zone is found near 0.1400, but there's potential for the movement to extend to 0.1470 and 0.1540.

You may find more details in the chart!
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