RIF Inverse Head Shoulder Formed

By yassoo019
Mar 27
RRIF has formed Inverse Head & Shoulder on daily TF which is heavily bullish sign. After a sharp downtrend and price reversal at around 0.1350-0.1400, it has clearly made another shoulder which is a right shoulder.
I am waiting for candle close at 4H TF and then I'll take entry. Entry will be around 0.1230 to 0.1250 with a first TP target in sight at 0.2000, and then if the momentum continues I'll again take entry for second TP target around 0.3000.
Let's hope for the best. Let's LONG.
can follow idia
Trend Analysis

Disclaimer