BTCUSDt - Head n Shoulder - Sell on retest of the neckline
I think BTCusd is forming a head and shoulder pattern and I am waiting for the break of the neckline to go short on confirmation.
for the target I hope it can return back to the 200 EMA on around 9330.
and so the stop can be on the last high at around 9650 and confirmation entry will be around 9575.
so SL = 75 , tp =~ 220 . so the r/r > 3
for the target I hope it can return back to the 200 EMA on around 9330.
and so the stop can be on the last high at around 9650 and confirmation entry will be around 9575.
so SL = 75 , tp =~ 220 . so the r/r > 3