Head and Shoulders?!

A possible H&S Pattern is forming in the 4H timeframe.

KEY POINTS:
• Missing shoulder might form on the rejection of R1
• Consolidating inside a rising channel(bearish imo)
• Regular bearish divergence on the RSI
• Target is exactly confluent with the weekly pivot.

Leave your thoughts on the comments!

-jisooturtlerabbitkim
Bitcoin (Cryptocurrency)BTCUSDBTCUSDTTechnical IndicatorsshortshorttermTrend Analysis

คำจำกัดสิทธิ์ความรับผิดชอบ