Long story short: H4 chart is shwing a H&S reversal pattern which will be confirmed in the next hourly sessions, by breaking the neckline at .795$. In my opinion there are good chances to see a runaway gap above this level tomorrow FRI 20th.
Target for this technical pattern is 0.92$, while 0.85$ is the target for the green channel that you can also see in the chart.
Longer term, next target will be 1.4$, which is the falling wedge target in red. After that level is reached.... only highways..
Good luck!
-- THIS IS NOT A FINANCIAL ADVICE --
Target for this technical pattern is 0.92$, while 0.85$ is the target for the green channel that you can also see in the chart.
Longer term, next target will be 1.4$, which is the falling wedge target in red. After that level is reached.... only highways..
Good luck!
-- THIS IS NOT A FINANCIAL ADVICE --
Opero sui mercati finanziari dal 2010 con approccio prevalentemente tecnico. Investitore Palantir dal 2022 e Analista Tecnico Certificato SIAT. Specializzato nel mercato azionario US e IT.
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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.
Opero sui mercati finanziari dal 2010 con approccio prevalentemente tecnico. Investitore Palantir dal 2022 e Analista Tecnico Certificato SIAT. Specializzato nel mercato azionario US e IT.
Publications connexes
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.