Yes, since everything is in order on the weekly chart, it's time to talk comfortably. Our reverse shoulder head and shoulders formation has now been formed on the 1-week chart. If we look at the simple moving averages, the sma is placed on our 1-week candle, which is ranked like 10, 50 and 100 soldiers. EMA 20 is also the same. According to my Hodja Oğuzhan, the probability of Tobo and Obo to work is 55%. =) 55% is a high rate in the stock market.
In addition, when we look at the general picture, the falling trend has been retested for the last time and formed the right shoulder. This excited me a little more.
If we take the height of the head on rshs, 17000 Usd does not seem far at all. Everything seems ideal for medium term investment. My only request is that the October 25 closing is 12800 USD and above.
I feel like a solid bull run is starting. I wish the best :)
This is an amateur exercise. It is definitely not investment advice. I wish everyone good luck.
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