(∎, βˆ†) kingjunaid πŸ”΅πŸŽ© pfp
(∎, βˆ†) kingjunaid πŸ”΅πŸŽ©
@kingjunaid12.eth
πŸ‘¨β€πŸŽ“Quick lesson πŸ“ˆπŸ‘¨β€πŸŽ“ The below chart shows an Inverse Head & Shoulders pattern. It’s a clue that the market might go up after being down. - Left Shoulder, Head, Right Shoulder: Three dips, with the middle one (the head) being the lowest. - Neckline: A resistance line where the price struggles to go higher. - Breakout: When the price finally breaks through that neckline, it’s a signal the market might start rising. This pattern means: the downtrend might be ending, and it’s time to watch for upward moves. πŸ’ͺπŸ“ˆ
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