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Price broke the Ichi Cloud resistance zone. Also we have a breakout of Horizontal Resistance of an Inverted H&S pattern.
We can initiate a short position either now or wait the confirmation.
Cross back below the Horizontal Resistance will invalidate this scenario.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Price broke the Ichi Cloud resistance zone. Also we have a breakout of Horizontal Resistance of an Inverted H&S pattern.
We can initiate a short position either now or wait the confirmation.
Cross back below the Horizontal Resistance will invalidate this scenario.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.