FieryTrading

🔥 ROSE Inverse Head & Shoulders

Long
BINANCE:ROSEUSDT   ROSE / TetherUS
After hitting the $0.45 area around three weeks ago, ROSE has seen a very strong bearish correction, climaxing last weekend.

However, the last dip towards $0.2 caused a very strong bullish reversal. During this reversal, an inverse head & shoulders pattern has appeared on the chart. Inverse head & shoulders patterns are classically bullish patterns.

Targets placed at recent lows and highs.

Happy trading!

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