BTC 1 H chart H&S failed! Going to test 3100 -3200 areas!?
Hi guys!
Looks like the H&S formation has failed and being rejected now. We might have formed another lower high now and headed lower towards 3100 K areas to test the double bottom.
I am looking to play the bounce from there.
Will eventually open a speculative long from the low 3100 areas. This might play out already this weekend or at the beginning of the next week. I expect a lot of volatility in February 2019.
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
Looks like the H&S formation has failed and being rejected now. We might have formed another lower high now and headed lower towards 3100 K areas to test the double bottom.
I am looking to play the bounce from there.
Will eventually open a speculative long from the low 3100 areas. This might play out already this weekend or at the beginning of the next week. I expect a lot of volatility in February 2019.
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
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.