NEO / TetherUS
Long

NEOUSDT

470
Inverse head and shoulder reversal pattern.

Price failed to make a lower low and retraced right on the 32.8% fibonacci retracement of the previous A-B move.

Look for a retracement to the previous support (neckline) to confirm breakout with take profit levels lining up perfectly with the 161.8% fibonacci extension of the A-B-C move.

P.S Many pairs are making inverse head and shoulder patterns on 4HR timeframes

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