BTCUSD Weekly H&S Pattern
A stop below 30k and a target of 50k is how I would trade this. I would not enter until a weekly HCT candle confirms. For the right shoulder 55k may be about right but I can't be certain until price gets to that area. The downside move could be large. I show the bullish pattern completing in the 20k area but I'm not sure how far it will go. I anticipate a minimum move to go below X (30k) after the move up into the right shoulder (50-55k).
Only Time will tell.
Only Time will tell.
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