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Possible rebound in the Heart of Inverse Head and Shoulder?
Long
Possible rebound in the Heart of Inverse Head and Shoulder?
By G_Baz_Crypto
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Feb 26, 2020
4
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Feb 26, 2020
This might be the last Bullish setup of the Inverse Head and Shoulder before I switch the Pattern Color from Green to Orange.
Price is now sitting inside the Right Shoulder of the Inverse Head and Shoulder and rebounded at the 0.5 Fib Retracement of the last Bullish Trend.
A Break Down of the 0.5 Fib Retracement at $8,718.15 could be critical for the Bullish Case for $12,000 target of the Green Inverse Head and Shoulder.
Hope won't be wicked out of the trade and that we'll maintain that 0.5 Fib Support inside the Heard of the Right Shoulder of the H&S.
Thanks to all the Chart Likers ---- Cheers and Good Luck
#TheColorChartist
Beyond Technical Analysis
Bitcoin (Cryptocurrency)
Bullish Patterns
Technical Indicators
Inverse Head and Shoulders
Trend Analysis
G_Baz_Crypto
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