hello guys.
Pattern Formation: The inverse head and shoulders pattern, with a well-defined neckline, indicates a bullish reversal signal.
Breakout Confirmation: Price has broken above the neckline, a key resistance level, which suggests a continuation toward higher targets.
Price Targets: If the bullish momentum holds, the next major resistance is around $0.00003700, with the potential to reach $0.00005700.
Risk: Failure to maintain above the neckline could result in a pullback, potentially re-testing lower levels before any further bullish movement.
Pattern Formation: The inverse head and shoulders pattern, with a well-defined neckline, indicates a bullish reversal signal.
Breakout Confirmation: Price has broken above the neckline, a key resistance level, which suggests a continuation toward higher targets.
Price Targets: If the bullish momentum holds, the next major resistance is around $0.00003700, with the potential to reach $0.00005700.
Risk: Failure to maintain above the neckline could result in a pullback, potentially re-testing lower levels before any further bullish movement.
Not
it seems it is ready to give us a pullback!
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
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My recommended Exchange -> YEX: bit.ly/YEX-M
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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
İlgili yayınlar
Feragatname
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.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
İlgili yayınlar
Feragatname
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.