💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
I didn't expect the downward manipulation of gold to come so quickly.
Next, enter the trading observation period:
Wait for the price to retrace back to the resistance zone or remove the lower SSL and return to the resistance,
to engage in right-side trading.
To prevent anyone from still not understanding, I have drawn both the actual chart and the simplified version.