ONDO: Inverse Head and Shoulders Signals Upcoming Breakout🚀
đź’Ž Paradisers, after significant consolidation, #ONDOUSDT is showing an inverse head and shoulders pattern, which increases the likelihood of a bullish move.
đź’Ž If #ONDO breaks above the resistance level and closes a candle above it, this will validate the inverse head and shoulders pattern, and we can then expect a bullish move.
đź’Ž In the case of a pullback, we can expect a bounce from the bullish Order Block (OB) + Fair Value Gap (FVG) zone. Remember that if the price goes below the right shoulder, it will invalidate the inverse head and shoulders pattern.
đź’Ž However, if the price doesn't show any bullish signs at the bullish OB and falls below it, closing the candle below, then it will invalidate our idea. In that case, it would be better to wait for more favorable price action to develop.
đź’Ž If #ONDO breaks above the resistance level and closes a candle above it, this will validate the inverse head and shoulders pattern, and we can then expect a bullish move.
đź’Ž In the case of a pullback, we can expect a bounce from the bullish Order Block (OB) + Fair Value Gap (FVG) zone. Remember that if the price goes below the right shoulder, it will invalidate the inverse head and shoulders pattern.
đź’Ž However, if the price doesn't show any bullish signs at the bullish OB and falls below it, closing the candle below, then it will invalidate our idea. In that case, it would be better to wait for more favorable price action to develop.
Trade fermée: cible de profit atteinte
đź’Ž#ONDOUSDT has beautifully achieved our target of 27.70%.đź’ŽSuccess in trading is built on continuous learning and unwavering commitment. Every milestone you reach is a testament to your hard work and strategic thinking. Stay motivated, trust your process, and let your passion drive you forward.
MyCryptoParadise
iFeel the success🌴
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.