btcusd. H&S at the powerful resistance level

Price broke the neckline of the head-and-shoulders pattern. The target is typically calculated as the hight of the head projected to the downside. Look how perfectly the head-and-shoulders pattern worked recently.

ความคิดเห็น:

as we broke the right shoulder the pattern becomes invalidated. An invelidated bear pattern is a strong confirmation of uside momentum. Look long on this asset.

ความคิดเห็น:

9K is the potential next area of resistance.

ความคิดเห็น:

9k area is reached as predicted.