TRUUSDT has formed Reverse Head & Shoulders, A sigh of Reversal
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Hi Traders, TRUUSDT on the H4 formed a reverse Head & Shoulders. We also have a Bearish Resistance above the Neckline. So if the price broke above the Neckline and the Bearish Resistance, I would expect to go to another major Bearish Resistance just above 0.26
Another possibility is that the price would make a Pullback at 0.149 before it starts going higher.
On the H1 we have a better resolution of price action. Price has broken above the Neckline and has retested the it So at this moment we have a confirmation that the price might go higher to 0.202 and then to another major Bearish Resistance just above 0.26
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⬆️Buy at Resistance Breakout or Buy at 0.149
⭕️SL @ 0.12
✅TP1 @ 0.202
✅TP2 @ 0.26
✅TP3 @ 0.34
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