Inverse HS pattern targets 51k+
Safe trade strategy:
Safe trade strategy:
- Wait for the neckline breakout
- Buy on re-test
- Stop below neckline
Trade closed: target reached
I stopped after buying the first breakout. Then we had even better RS and rebought the second breakout. Voila, 51k+ target reached. BTC has more space to move after breaking 51-52k area. Closing this trade now and watching the bigger IHS pattern on 4h chart.
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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.