List of Flash News about measured move target
| Time | Details |
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2025-10-21 07:37 |
Dogecoin (DOGE) 4-Hour Inverse Head and Shoulders Pattern: 3-Step Neckline Breakout Confirmation and Target Method
According to @TATrader_Alan, Dogecoin (DOGE) on the 4-hour chart is forming the right shoulder of an inverse head and shoulders as of Oct 21, 2025, highlighting a potential bullish reversal setup if confirmed; source: @TATrader_Alan on X, Oct 21, 2025. A standard confirmation is a breakout and close above the neckline accompanied by rising volume, which traders use to validate the pattern before entries; source: Edwards and Magee, Technical Analysis of Stock Trends. Post-breakout objectives are commonly estimated by measuring the head-to-neckline height and projecting it upward from the breakout point, with protective stops often placed near the right-shoulder low; source: Thomas Bulkowski, Encyclopedia of Chart Patterns. Until confirmation, price can remain range-bound within the pattern, so many traders wait for a 4-hour candle close above the neckline to reduce false signals; source: Edwards and Magee, Technical Analysis of Stock Trends. |