The possibility of forming a good bullish pattern.
a INVERSE HEAD & SHOULDERS pattern can be completed when
it breaks the red neckline firmly and is followed by a successful pullback.
So, up to the unbroken red neck line, it is theoretical and probable
wait & watch it.
a INVERSE HEAD & SHOULDERS pattern can be completed when
it breaks the red neckline firmly and is followed by a successful pullback.
So, up to the unbroken red neck line, it is theoretical and probable
wait & watch it.
Comment:
It has had an excellent growth of nearly 75% since the previous analysis and has kissed a number of targets.
Now the best strategy in my opinion is to wait before crossing above 0.02200
Now the best strategy in my opinion is to wait before crossing above 0.02200
Now we have to wait for good candles above the neck line, which means its upper stabilization.
In order to move upwards and complete the pattern, we must see a stabilization along with some green candles above this line