HEART | HUMANS.AI Short Opportunity | +56% GAIN
HEART is looking a little dumpy on the 4HR chart and could breakdown lower. A descending triangle has formed for HEART, and if the resistance is broken, a trend reversal could lead us down to 0.15.
If you enter a short position after ~-3% confirmed breakdown, then you could see a +56% gain if the pattern completes. I have also marked multiple support levels with dashed lines that may stop the pattern from breaking down all the way. These could be used as multiple take-profit levels on the way down.
It is crucial to wait for confirmation before entering a short or long position, or the pattern could be invalidated and you'll be at a loss.
DYOR and bring home those gains.
If you enter a short position after ~-3% confirmed breakdown, then you could see a +56% gain if the pattern completes. I have also marked multiple support levels with dashed lines that may stop the pattern from breaking down all the way. These could be used as multiple take-profit levels on the way down.
It is crucial to wait for confirmation before entering a short or long position, or the pattern could be invalidated and you'll be at a loss.
DYOR and bring home those gains.
Comment:
On the flip side if we see a breakout above the downward sloping ceiling. If you enter a long position after ~-3% confirmed breakout, then you could see a +54-64% gain if the pattern completes.
Comment:
Wait for a confirmation and a move, the price is getting squeezed and volatility is due today.
