Inverse Head and shoulders Pattern is the mirror image of head and shoulders pattern.
Read about Head and Shoulder Pattern here:
Inverse H&S Pattern is bullish reversal pattern. Signals the traders to enter into long position above the neckline.
Volume play a major role...
Get ready to ride the bull...
1.) Accumulate in the buying range.
2.) Close your positions if daily candle closes below stop loss levels
3.) Take your profits if your level of target is reached.
Happy trading :)
The Bitcoin (BTCUSD) bounce is now full on and taking place as we hoped to see based on the 11-Sept. "Short-term strange signal" ...
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Try to understand the idea and logic behind this chart and this chart is explained in the video of 27th August 2021, try to understand that how we have made the points on this and how the chart was drawn.
Hope you will like this basic understanding of chart and once you start loving these things you start earning.
1. Cassure et reste du niveau cassé + théorie de Dow
2. Niveau 61.8 fibo rejeter
3. SL niveau Fibo 0.786
4.Tp 1 les 52 000
5.Tp 2 extention Fibo : 0.618 ou les 60K
Attention on fait attention à la lecture du volume lors de l'approche des 52k pour ceux qui visent les 60k ou le niveau de Fibo extension 0.618
Attention à votre money management (actif hyper volatile)
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