As you can see, BTC is currently sitting on the edge of the right shoulder of a clean HS pattern on the 4H chart.
Pattern trade:
S/L $45,950
Rentry should be layered at or near 0.5 fib retrace. ($44,500 - 43,000)
Pattern will be invalidated if price pushes above $49,700.
Pattern trade:
S/L $45,950
Rentry should be layered at or near 0.5 fib retrace. ($44,500 - 43,000)
Pattern will be invalidated if price pushes above $49,700.
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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.