Bitcoin / TetherUS
Long

bitcoin pullback trade setup

77
after a long bearish move and bad sentiment
btc price has formed a consolidation pattern and
*on 1h time frame we can see a inverted head and shoulder pattern

initiating trade according to -
*as per neckline drawn on the chart
* after the breakout only we can enter long and keep stop loss below the shoulder line
* info line drawn from the head of the pattern indicates the up move possibility

duration of the trade could be short term
trade with proper risk management and position sizing

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