Helper_Ustad

A nice pullback for Inverse H&S pattern of BTC

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
when we talking about Head & Shoulders pattern, it's possible we don't get a Pullback but if we get one, price will move higher with a better momentum and possibly higher targets.

wait for 4H timeframe(or daily) confirmation candle(s) before trading.
TP: 70k (personally I think this will be the final ATH for a few months because there is a strong bearish divergence in daily candles)

a tip for new traders: you can specify target for this pattern if you learn it and know how to trade with it.


You are responsible for your own trades!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.