TRX inverted H&S
In the beginning of this year Tron broke up the major downtrendline☝️. Then after this👇 sucessful call...
...TRX formed Inverted Head and Shoulders🤷 on the daily timeframe and triggered the pattern by breaking the neckline up (zoom in to see the details). Price then fell back down below the neckline and recently broke up once again. I think there is chance for run to 0.08555 and even higher. The yellow uptrendlines could act as a guide.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
...TRX formed Inverted Head and Shoulders🤷 on the daily timeframe and triggered the pattern by breaking the neckline up (zoom in to see the details). Price then fell back down below the neckline and recently broke up once again. I think there is chance for run to 0.08555 and even higher. The yellow uptrendlines could act as a guide.
- INVALIDATION (SL): Right Shoulder @ 0.05879
- TARGET (TP): Inverted H&S target projection @ 0.08555
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Note
Closer look at the inverted Head and Shoulders alone without trendlines:
a
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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.
a
Related publications
Disclaimer
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.