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BTCUSD Bearish Momentum Formation
Blue line : Head and shoulder
Yellowish lines : Rising wedge
Note : If daily candle could not break above right shoulder , then aggressive trader may short it, if it doesn't then it can make a new high to confirm rising wedge .
Bonus : Projected Decline is the TP zone which the strong support area.
Yellowish lines : Rising wedge
Note : If daily candle could not break above right shoulder , then aggressive trader may short it, if it doesn't then it can make a new high to confirm rising wedge .
Bonus : Projected Decline is the TP zone which the strong support area.
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