APEUSD | ABC Pattern - Pullback Inv. Head&Shoulders TP +70%
An inverted head & shoulders breakout in weekly timeframe, possible ABC wave pattern
Entry pullback trade position retracing at the inv. h&s neckline support - SMA20W
TP1 - 161.8% extension +70% @ downtrend triangle resistance
TP2 - 261.8%
SL - B wave lowest position
RRR: 3:1
Entry pullback trade position retracing at the inv. h&s neckline support - SMA20W
TP1 - 161.8% extension +70% @ downtrend triangle resistance
TP2 - 261.8%
SL - B wave lowest position
RRR: 3:1