BTCUSD : CMP 42940
trade setup:
sell below 40000 price zone
based on H&S pattern setup
keeping 46800 as stop loss on closing basis
for targets : 35337 / 29161 / 19156
technical set up :
1. head & shoulder bearish pattern setup
2. long term support breakdown
3. higher volume in sell candle & low during buying
note :h&s is a continuation pattern before selling see the volume on higher side to initiate trades
trade setup:
sell below 40000 price zone
based on H&S pattern setup
keeping 46800 as stop loss on closing basis
for targets : 35337 / 29161 / 19156
technical set up :
1. head & shoulder bearish pattern setup
2. long term support breakdown
3. higher volume in sell candle & low during buying
note :h&s is a continuation pattern before selling see the volume on higher side to initiate trades
Comment:
38255 low
Comment:
36082 low
Comment:
35600 low
Comment:
24970 low
Comment:
23501
Comment:
22560
Comment:
21026
Comment:
20859 low today
Trade closed: target reached