BTC Inverse Head & Shoulders
Updated
I am expecting BTC to follow the pathway I have drawn which will ultimately end up making an Inverse Head & Shoulders pattern. BTC Has made a higher high on the 4H chart and is most likely in an upward trend now.
The entry is expected to be right above support (Blue Box).
Take profit is around $42000 based on the Fibonacci tool.
Stop loss will be below the previous high.
The entry is expected to be right above support (Blue Box).
Take profit is around $42000 based on the Fibonacci tool.
Stop loss will be below the previous high.
Note
Correction: Stop loss is below the previous low***
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