ADAUSDT, BULLISH REVERSAL PATTERN !
Hello everyone, I am Hadi Karaali, known as Sniper_FX
if you like the idea, do not forget to support with a like and follow.
ADAUSDT, as we can see price is clearly bearish right!
However, price is approaching a strong support zone from daily time frame
where we will be searching for new longs
So, for now, price is forming an inverse head and shoulders pattern which is a bullish reversal pattern
The pattern is still forming so for now we will be waiting until the break happens
Until that we are bearish and we can still trade lower and lower before a full reversal
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
if you like the idea, do not forget to support with a like and follow.
ADAUSDT, as we can see price is clearly bearish right!
However, price is approaching a strong support zone from daily time frame
where we will be searching for new longs
So, for now, price is forming an inverse head and shoulders pattern which is a bullish reversal pattern
The pattern is still forming so for now we will be waiting until the break happens
Until that we are bearish and we can still trade lower and lower before a full reversal
And as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
Telegram channel : t.me/Snipers_F_x
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.