XLM Short Idea (Heads and Shoulders)

Hello traders,

Removing all the wicks, we can see that the price is forming a HS pattern.
This pattern will be valid if the price tests the bottom of the HS, and if confirmed its target could go up to 0.22.

Trade with caution.

Commento:

Formation is in place, we will see first target 0.27500 taken first, following with 0.25-0.22

Commento:

Commento:

Price seems to have bounced off from the bottom of the HS, for a final confirmation the top of the right should needs to act as resistance otherwise this pattern becomes invalid.

Commento:

After a re-test of the shoulder, we confirmed the pattern, we headed msot of the price targets, just 1 missing.

Trade chiuso: obiettivo raggiunto