A gigantic inverse Head and Shoulders pattern (iSHS) has formed in ZEN in the 4 hours chart! Look at this beauty:
The target for this pattern is 70$ after a decisive breach of this neckline.
The big pic is looking solid as well:
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If you think this to be useful information:
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
MUST READ!
DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.
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Have a nice day :-)
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I was wondering why this wasn't getting any attention. They have a solid project. As a currency I wasn't huge on it. But they are adding some great additional features. That's really a great thing to see.
I admire your enthusiasm; but I don't know what these charts mean; I hope that it does go up though, that would be nice seeing as I've got a few bob riding on it...
Hi @ ew-and-patterns, good job !!!
Thank you.Your post very good.wellcome my account.My live in Myanmar Country.