The end of the week is showing a reversal candelstick pattern: the piercing line. In fact, the week opened below the closing of the previous week and it closed abive the mid-line of the previous week. This indicates that bulls overwhelmed bears this week.
Moreover as you can see from my latest idea, there is a reversal head and shoulder formation in the H1 timeframe, with neckline at 0.795$.
I am extremely confident that this line of resistence will be broken next week and the bullish trend reversal will start
Moreover as you can see from my latest idea, there is a reversal head and shoulder formation in the H1 timeframe, with neckline at 0.795$.
I am extremely confident that this line of resistence will be broken next week and the bullish trend reversal will start
Opero sui mercati finanziari dal 2010 con approccio prevalentemente tecnico. Investitore Palantir dal 2022 e Analista Tecnico Certificato SIAT. Specializzato nel mercato azionario US e IT.
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Opero sui mercati finanziari dal 2010 con approccio prevalentemente tecnico. Investitore Palantir dal 2022 e Analista Tecnico Certificato SIAT. Specializzato nel mercato azionario US e IT.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.