ANALYSIS 🔎
- LSKUSD is printing the inverse head and shoulders trend reversal pattern on the weekly timeframe. This is a bullish pattern.
- Price has been resisted by a descending trendline resistance since February 2020.
- There's is a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and resistance 1 (R1).
TARGETS 🎯
- Horizontal resistance levels (R2, R3, R4).
SETUP INVALIDATION ❌
- Breakdown below the right shoulder support level.
- LSKUSD is printing the inverse head and shoulders trend reversal pattern on the weekly timeframe. This is a bullish pattern.
- Price has been resisted by a descending trendline resistance since February 2020.
- There's is a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and resistance 1 (R1).
TARGETS 🎯
- Horizontal resistance levels (R2, R3, R4).
SETUP INVALIDATION ❌
- Breakdown below the right shoulder support level.