Before reading this analysis. Take a look at my previous idea on Alice here. Give it a thumbs up if you like it.
Let's patiently go through today's analysis here..👇
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As explained clearly on the chart, we have the inverse head and shoulder pattern evolving inside a bigger H & S.
For a short term trade to $8.30, we have this chart...
...telling us that price is expected to go long to the neckline at $6.2, reverse to the $5.3 to complete the right shoulder before a long position to $8.3.
When this has been achieved, we move to the main chart which clearly indicates that once price breaks out of the neckline at $8.3 - $8.9, a pull back will occur, then we open a good buy position to $13.
What do you think?
Share your opinion in the comment section✍️ Happy Trading💰🥳🤗
Trade active
Alice is approaching our take profit at $8.3💰💸🤑
Trade closed: target reached
How many % do you make off this trade?..Leave your answers in the comment section.
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