CryptoKrypto

Inverse Head & Shoulders Trade

Long
BINANCE:AAVEUSDT   AAVE / TetherUS
It looks Like we are in consolidation from the second leg up. I feel the consolidation will fall to the resistance I have drawn before it shoots up to my target indicated on the chart. This can potentially create an Inverse Head & Shoulders indicated by the pink lines.
Comment:
AAVE has made a new higher low,this is a good opportunity to move the stop loss up lowering risk.

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