FILUSD working on a potential inverse head & shoulders breakout.

1 oct. 2023

First candle above the neckline is rarely the candle that confirms the breakout, but if we can get the current candle to close above the neckline as well as 1-4 more candles the probability of a breakout increases quite a bit with each additional candle close. For now w are still working on even getting our first candle close above the neckline but it does look promising. *not financial advice*

1 oct. 2023

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Holding the 50ma (in orange) as solidified support is essential to confirm the breakout as well. Price target is currently at $3.89

13 oct. 2023

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Back below the neckline..this often happens and it isnt until the 2nd 3rd or sometimes even 4th penetration of the neckline that it triggers the breakout.

24 oct. 2023

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Target hit!!

24 oct. 2023

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With exact precision!