ALGO: Inverse Head and Shoulders Pattern Signals Bullish Short-Term Trend
ALGO has completed an inverse head and shoulders pattern on the 4-hour chart, suggesting a potential resumption of the bullish short-term trend. The daily chart also shows a strong bullish candle closing above the neckline of the pattern, indicating further growth.
The first target and resistance zone is found near 0.1400, but there's potential for the movement to extend to 0.1470 and 0.1540.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
ALGO has completed an inverse head and shoulders pattern on the 4-hour chart, suggesting a potential resumption of the bullish short-term trend. The daily chart also shows a strong bullish candle closing above the neckline of the pattern, indicating further growth.
The first target and resistance zone is found near 0.1400, but there's potential for the movement to extend to 0.1470 and 0.1540.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。