Hi everyone,
Thank you for considering reading my idea.
This is a separate update of my previous idea (see related idea below). My previous idea is that this could be an inverse head and shoulders pattern. I have been following this pattern since the formation of the head 2 days ago. Now, it seems like it's almost done forming the pattern. We should see a target of 39-40K (2.414 level of fib retracement)
Like this idea and follow me for more analysis like this. TAYOR.
Cheers,
Juvs
Thank you for considering reading my idea.
This is a separate update of my previous idea (see related idea below). My previous idea is that this could be an inverse head and shoulders pattern. I have been following this pattern since the formation of the head 2 days ago. Now, it seems like it's almost done forming the pattern. We should see a target of 39-40K (2.414 level of fib retracement)
Like this idea and follow me for more analysis like this. TAYOR.
Cheers,
Juvs
Comment:
Added a long position near the point of the right shoulder. Now, we are now breaking the neckline. We want to see a test on the neckline before going back up
Comment:
We tested the neckline and we confirmed the pattern.
This ascending triangle in 15m chart will help us reach the target.
This ascending triangle in 15m chart will help us reach the target.
Comment:
Still getting support in the neckline
Comment:
We keep getting rejected on the 37K level
Comment:
Target reached
