We have 2 options for further movement:
1, Main - BTC consolidating near channel support
after breakout will continue falling.
2 - price forming right shoulder of reversal pattern.
1, Main - BTC consolidating near channel support
after breakout will continue falling.
2 - price forming right shoulder of reversal pattern.
Comment:
Comment:
Now price is in zone of potential forming of right shoulder. If breakout then 5800 zone
Comment:
If the length of previous falling imulse = new impulse then 5850 trgt
Comment:
Now scenario looks like we have chances to form right shoulder
Comment:
Now looks like H&S pattern will be realise.
Trade closed: target reached:
Now price consolidating near resistance of channel, so waiting for breakout and continue rising
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