We can see Head and shoulders pattern in downtrend. When the price breaks above the neckline of an inverse pattern it means the prior downtrend is likely over, and an uptrend is underway. It's time to buy. If the price close above 0.1 then we wait for the target #2.
Signals:
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Signals:
- MACD line crossing Signal line
- Bulish Engulfing 16-18:00 (26.05.)
- Broken neckline soon
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Always do your own analysis and trust your intuition!
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Trade closed: target reached:
One more #win