As we can see on this chart, a head and shoulder pattern just completed it's formation from $30,000 back to $30,000.
If you take a closer look at this chart, we'll see another head and shoulder pattern starting from $20,000, which may eventually go back to $20,000 IF AND ONLY IF price does not break the resistance at $43,000 upward.
Therefore, if price does not break the resistance at $43,000 upward, then the right shoulder will surely come to hit the neckline at $30,000.
If price now break the $30,000 neckline downward, then $20,000 is the target🎯
What do you think?
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
If you take a closer look at this chart, we'll see another head and shoulder pattern starting from $20,000, which may eventually go back to $20,000 IF AND ONLY IF price does not break the resistance at $43,000 upward.
Therefore, if price does not break the resistance at $43,000 upward, then the right shoulder will surely come to hit the neckline at $30,000.
If price now break the $30,000 neckline downward, then $20,000 is the target🎯
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Also, kindly cheer me with coins if you like my work.
Follow me to receive more updates on this pair🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.