Potential H&S on btcusd 1day chart nothing to worry about yet

2019年6月13日

Things are looking bullish again for btc but we must also keep in mind that this 1 day chart H&S pattern is still very much in play and although it's not something to be too concerned about just yet it's wise to keep a close eye on it. If we can see priceaction rise above the head we can then invalidate it but for now it's very much in play.

2019年6月13日

註釋

On the bullish side of things there is an inverted head and shoulder pattern on the 4 hr chart(not shown here) that is much further along than this 1 day pattern. it is nearing the neckline now...I will do another idea update following this one that shows it.