$TURBO inverse H&S potentially forming.

22 มิ.ย. 2024

as long as the current correction stabilizes around .0044ish it would be forming a inverse head and shoulders which has a very high probability of a move up well past all time highs. RSI and Stochastic are also supportive of this potential.

24 มิ.ย. 2024

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looks like right shoulder has formed at .0049.
if anything changes i will update here but i dont think we will have much considering the time of day.

25 มิ.ย. 2024

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so far pattern is still valid and on course, these are opportunities to add to my bag.

26 มิ.ย. 2024

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UPDATE JUNE 25th :

From what i can understand, the pattern is still valid however the right shoulder isn't confirmed as it seeks to retest 0.0051 in face of the sell pressure being exerted.
from what i see we have two potential scenerio's:
First:
a new attempt to reestablish a symmetrical right shoulder around .0044ish.
second:
the H&S pattern is invalidated with a down move to retest support at .0035.

please share you thoughts via the comments and please point out any errors in my understanding.

27 มิ.ย. 2024

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UPDATE JUNE26th:

Looks like it just reached a symmetrical right shoulder(.004438) however the market trend is quiet aggressively red, 50/50 chance the formation gets voided as Turbo seeks .0035

27 มิ.ย. 2024

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looks like a shoulder is indeed forming, what do you guys think? is this the last chance to buy in?

just opened my second trade.

29 มิ.ย. 2024

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trade closed at a loss, pattern no longer validl.