Failed Inverted Head and Shoulders pattern on Immutable(IMX)!!!
Immutable has been moving between two 🔴resistance($1.3-$1.8)🔴 and 🟢support zones🟢 for about a year.
Also, Immutable failed to execute the Inverted Head and Shoulders Pattern correctly, and it seems that the resistance zone break was accompanied by a 🐻bull trap🐻.
I expect Immutable to go down again to the 🟢support zone($0.78-$0.$0.63)🟢.
Immutable Analyze ( IMXUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Also, Immutable failed to execute the Inverted Head and Shoulders Pattern correctly, and it seems that the resistance zone break was accompanied by a 🐻bull trap🐻.
I expect Immutable to go down again to the 🟢support zone($0.78-$0.$0.63)🟢.
Immutable Analyze ( IMXUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
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.