FieryTrading

🔥 EGLD Huge Inverse Head & Shoulders Pattern

Long
BINANCE:EGLDUSDT   EGLD / TetherUS
EGLD has been forming an inverse head & shoulders pattern over the last 8 months. This is classically a bullish reversal pattern.

I'm waiting for the price to break out through the neck-line before considering an entry. Targets in blue.

If you're bullish, you could consider an entry around this area with a better risk-reward ratio.

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