ARUSDT: Inverse Head & Shoulders in Play!
💎 Paradisers, after taking the liquidity sweep, #ARUSDT has shown an Internal Change of Character (I-CHoCH) and Internal Break of Structure (I-BOS), followed by forming an inverse head and shoulders pattern.
💎 The price has also shown inducement. If it moves from here and closes a candle above the resistance zone, this will increase the probability of a bullish move.
💎 In the case of a pullback, we can expect a bounce from the demand zone.
💎 However, remember that if the price closes a candle below the demand and right shoulders, it will invalidate the entire pattern. In such a scenario, it would be prudent to reassess and wait for more favorable price action.
MyCryptoParadise
iFeel the success🌴
💎 The price has also shown inducement. If it moves from here and closes a candle above the resistance zone, this will increase the probability of a bullish move.
💎 In the case of a pullback, we can expect a bounce from the demand zone.
💎 However, remember that if the price closes a candle below the demand and right shoulders, it will invalidate the entire pattern. In such a scenario, it would be prudent to reassess and wait for more favorable price action.
MyCryptoParadise
iFeel the success🌴
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