Alpha Finance Lab is forming Inverted Head and Shoulders🤷 and if price breaks up I think there is chance for run to 1.1 and even higher. Will set the BUY LIMIT order to catch the pullback to Neckline (testing it from above).
ENTRY: Backtest of the broken Neckline @ 0.9610
SL: Right Shoulder @ 0.9047
TARGET: Inverted H&S target projection @ 1.1030
RRR: 2.6
INVALIDATION: when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
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.