MATICUSDT H4 Analysis
🎄 🎄 Dear Investors
I have identified an Inverted Head and Shoulder Pattern on the H4 Timeframe. After a bearish move, This inverted H&S Pattern often indicates a high probability of a bullish move.
Currently, there is a bullish breakout above the neckline structure, so I'll be observing price action around this neckline structure for a retest and possibly a bullish opportunity back to the supply level at 0.9000
I am also keeping an open mind to the possibility of a bearish continuation if price breaks below this neckline structure
Let's stay patient and see what happens next. 🎄 🎄
I have identified an Inverted Head and Shoulder Pattern on the H4 Timeframe. After a bearish move, This inverted H&S Pattern often indicates a high probability of a bullish move.
Currently, there is a bullish breakout above the neckline structure, so I'll be observing price action around this neckline structure for a retest and possibly a bullish opportunity back to the supply level at 0.9000
I am also keeping an open mind to the possibility of a bearish continuation if price breaks below this neckline structure
Let's stay patient and see what happens next. 🎄 🎄
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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.