Updated

CFX FORMING H&S PATTERN 😎☄😎☄😎☄

Hi dear traders
As you saw in the previous analysis, we took full profit.
Price has now broken the 0.31 resistance area and formed a bullish H&S pattern.
If the neck line is broken, the price can rise to the specified area and test the daily uptrend line as resistance.
Possible retest 0.31 area as support , if lost this area then price go down to near 0.3 support area.
All targets specified
Let's see what happens
This is not financial advice ( DYOR )
Good luck

Note

Tp 0.33 hit 🎯

Note

Tp 0.3348 hit 🎯

Note

Tp 0.3406 hit 🎯

Note

Save some profit now

Note

Tp 0.3463 hit 🎯

Trade closed: target reached

Note

Hi dear traders
The price broke the daily uptrend line.
Desired scenario:
1. The price will test the trend line and move up to the 0.32 area and then drop down to the 0.28 support area.
2. The price has a false breakout and then goes down to the daily support area
Let's see what happens
This is not financial advice ( DYOR )
Good luck

Note

As we expected, the price tested the daily rand line.

Note

Tp1 0.31
Tp2 0.303
Tp3 0.298
Tp4 0.29
Tp5 0.285
Tp6 0.28

Trade closed: target reached

Full Target 🎯🎯
Good luck 🤗

Note

The price reached the daily support area as expected.
We expect to return from this area.
Let's see what happens

Th57Trader

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