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Naveevo
Apr 3, 2022 6:34 AM

Inverse Head and Shoulders Pattern in Swerve (SWRV)  Long

Description

Hello Traders,

As you can see in Daily time frame, Swerve (OKEX:SWRVUSDT) is forming inverse head & shoulders pattern. If this pattern plays out then we can expect around 300% profit, because it is good to exit near $1 as it is psychologically important price.

Remember this is a higher time frame trade and SWRV may take weeks for breakout, be patient.
Also don't forget to manage your risk, if overall market turns bearish we has to book loss.

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Comment

Target hit with big breakout even though inverse head & shoulder pattern not played out.
Congratulations to those who have waited patiently.

Trade closed: target reached

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