Bitcoin Rebound thanks to: Inverted H&S with Two Right Shoulders
Updated
Bitcoin Rebound thanks to a Inverted H&S with Two Right Shoulders?
Only a pump next above the white neck line will validate this pattern already encountered in the past!
Only a pump next above the white neck line will validate this pattern already encountered in the past!
Note
CAUTION! Inverted H&S is gaining reliability if trading volumes are increasing throughout its construction, which is not the case at all here:As mentioned in the idea description, expect to be above the neck line of this pattern if you want to trade it up, or surround yourself with additional reliable indicators that corroborate your strategy.
Trade active
The right shoulder could be itself composed of a small inverted H & S:
Trade closed: target reached
Results:Target 1 reached on February 21st
Target 2 reached on April 03
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