Fibonacci-Signals

TRUUSDT has formed Reverse Head & Shoulders, A sigh of Reversal

Long
BINANCE:TRUUSDT   TrueFi / TetherUS

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Hi Traders, TRUUSDT on the H4 formed a reverse Head & Shoulders. We also have a Bearish Resistance above the Neckline. So if the price broke above the Neckline and the Bearish Resistance, I would expect to go to another major Bearish Resistance just above 0.26
Another possibility is that the price would make a Pullback at 0.149 before it starts going higher.



On the H1 we have a better resolution of price action. Price has broken above the Neckline and has retested the it So at this moment we have a confirmation that the price might go higher to 0.202 and then to another major Bearish Resistance just above 0.26
Traders, please hit the 👍 LIKE button if you like this idea and if you have your own opinion about this, please write it in the comment box. We will be glad for this.

⬆️Buy at Resistance Breakout or Buy at 0.149

⭕️SL @ 0.12

✅TP1 @ 0.202
✅TP2 @ 0.26
✅TP3 @ 0.34




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