As you can see, BTC is currently sitting on the edge of the right shoulder of a clean HS pattern on the 4H chart.
Pattern trade:
S/L $45,950
Rentry should be layered at or near 0.5 fib retrace. ($44,500 - 43,000)
Pattern will be invalidated if price pushes above $49,700.
Pattern trade:
S/L $45,950
Rentry should be layered at or near 0.5 fib retrace. ($44,500 - 43,000)
Pattern will be invalidated if price pushes above $49,700.
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