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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.