Head & Shoulders pattern ?
It seems like ADAUSD is forming an H&S pattern. If this plays out, the target will be around 3 cents.
*not financial advice, only for educational purposes.
*not financial advice, only for educational purposes.
Note
The right shoulder could still go up to $ 0.125 before coming back down to complete the pattern.
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.