bizmark

TRX inverted H&S

Long
bizmark Updated   
BINANCE:TRXUSDT   TRON / TetherUS
In the beginning of this year Tron broke up the major downtrendline☝️. Then after this👇 sucessful call...
...TRX formed Inverted Head and Shoulders🤷 on the daily timeframe and triggered the pattern by breaking the neckline up (zoom in to see the details). Price then fell back down below the neckline and recently broke up once again. I think there is chance for run to 0.08555 and even higher. The yellow uptrendlines could act as a guide.
  • INVALIDATION (SL): Right Shoulder @ 0.05879
  • TARGET (TP): Inverted H&S target projection @ 0.08555

Check my other stuff in related ideas.

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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Comment:
Closer look at the inverted Head and Shoulders alone without trendlines:

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