A bullish inverse Head and Shoulders (iH&S) pattern is forming. A close above 0.2294 on the 1-hour timeframe may activate the pattern.
Consider an entry between 0.2248 and 0.2294, assuming a breakout occurs without breaking the previous swing low.
The targets are 0.239 and 0.245.
Assuming the breakout happens, the price may revisit the liquidity sweep area afterward due to tight consolidation, potentially fueling further upward movement.
Therefore, it is advisable to wait for confirmation and a bounce at the liquidity sweep area before entering.
Consider an entry between 0.2248 and 0.2294, assuming a breakout occurs without breaking the previous swing low.
The targets are 0.239 and 0.245.
Assuming the breakout happens, the price may revisit the liquidity sweep area afterward due to tight consolidation, potentially fueling further upward movement.
Therefore, it is advisable to wait for confirmation and a bounce at the liquidity sweep area before entering.
Ordre annulé
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.