C&H or 1-5 ? ADAUSDT / 4HR
Formation of C&H pattern which is a bullish pattern. We are also forming 1-5 impulse up within this pattern, which means we could be finishing wave 3 or already going in for wave 4. The whole C&H invalidation is above the orange line. The handle can also be shorter. Alternative to this scenario is simple 1-5 impulse up which finishes around the same area.
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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.