My Analysis About coming up week

Here’s a breakdown of the idea:

Pattern Overview:

Left Shoulder: Initial dip and bounce.

Head: Deeper low followed by a recovery.

Right Shoulder: Higher low, currently forming.

Neckline: Around the $3,030–$3,040 zone (marked by the top blue box).


Bullish Setup:

If price breaks above the neckline (blue resistance zone), it could confirm the reversal.

Target based on the pattern's height (Head to Neckline) gives a potential move to ~$3,200+, aligning with your green target box.


Trade Idea:

Entry: On neckline breakout or slight retest (around $3,030–$3,050).

Target: $3,200.

Stop-Loss: Below the recent low ($2,880 or tighter depending on your risk tolerance).


Timeframe Expectation:

Given it's on a 4H chart, a breakout and follow-through to the $3,200 zone could play out in the next 2–4 weeks