Hello traders,
Removing all the wicks, we can see that the price is forming a HS pattern.
This pattern will be valid if the price tests the bottom of the HS, and if confirmed its target could go up to 0.22.
Trade with caution.
Removing all the wicks, we can see that the price is forming a HS pattern.
This pattern will be valid if the price tests the bottom of the HS, and if confirmed its target could go up to 0.22.
Trade with caution.
Comment:
Formation is in place, we will see first target 0.27500 taken first, following with 0.25-0.22
Comment:
Comment:
Price seems to have bounced off from the bottom of the HS, for a final confirmation the top of the right should needs to act as resistance otherwise this pattern becomes invalid.
Comment:
After a re-test of the shoulder, we confirmed the pattern, we headed msot of the price targets, just 1 missing.
Trade closed: target reached
