BTC Head and Shoulders on Daily Short
BTC looks like its forming a head and shoulders pattern in confluence with converging bollinger bands, expect volatility as the converge closer. We must be short below the daily open at 6408.94 with a tight stop.
Note
the closer the Bollinger Bands converge the closer we are to a volatility event..Note
new daily printed, bids below the open short with a tight stopNote
target 1 can be middle BB , stop moved to entry
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.