btc inverse head and shoulders so yesterday morning i marked this symetrical triangle out traded a long as it was forming the head (which i didnt know at that time) knowing that this triangle would break to the up well have a better chance to break to the up rather then the down woke up this morning its smashed through the triangle giving a 3% gain/rise retraced back down to make a hl and use the traingle upper level as support at the same time made an inverse head and shoulders so if we play out the way that these patterns normally play a long would be good to around the 21200k mark
thanks guys scopes
like and share
Leveragetrading
BTCUSDTPerp again up for a movementBTC to 70k can become real by Christmas with such movement although some corrections seem pending a movement till 67-68k seems to be a short achievable goal.
reason to consider this pennant pattern as a valid one -
1. Uptrend
2. Good hourly consolidation
3. High ADX
4. Good Volumes