💥 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
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The Correct Trading Guide
Start step by step
1 Determine the general direction
Use the hourly or four-hour timeframe to determine whether the market is bullish or bearish.
2 Draw support and resistance levels
Look for the strongest areas where the price has bounced multiple times.
3 Please wait for retesting
Do not enter directly ... it is better for the price to retest the level before entering.
4 Find the confirmation signal
like a reversal candle or Relative Strength Index
It indicates that the price is ready to move.
5 Set your goal and stop loss
Make your target at least double the risk at a ratio of (:2).
I wish you success from God.
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