A clean inverse head and shoulders pattern has just triggered, and we’ve already seen a strong breakout above the neckline!
This is a classic bullish reversal signal, and the chart is screaming momentum
🟢 Key Levels:
• Entry around the neckline breakout
• Targets lined up: $2.36, $2.59, and $2.89
• SL below right shoulder: $1.91 for risk control
The 200 EMA is now sloping upward — further confirmation of trend shift!
This is a classic bullish reversal signal, and the chart is screaming momentum
🟢 Key Levels:
• Entry around the neckline breakout
• Targets lined up: $2.36, $2.59, and $2.89
• SL below right shoulder: $1.91 for risk control
The 200 EMA is now sloping upward — further confirmation of trend shift!
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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.
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.