This is my trading setup.
Scenario 1 (head and shoulders) in case we break 26700-26500 we are probably going to 25k, and would mean that the current head and shoulders pattern played out
Scenario 2. (descending triangle) We have a bullish divergence in 4h time frame, so I think scenario 2 is very likely, before a bigger correction. In case scenario 2 play out target is 23k. Daily close over support will give more chances to scenario 2
In case of breaking descending triangle resistance we are probably going to 33k-35k aprox.
Always DYOR, take profits and risk management. NFA
Scenario 1 (head and shoulders) in case we break 26700-26500 we are probably going to 25k, and would mean that the current head and shoulders pattern played out
Scenario 2. (descending triangle) We have a bullish divergence in 4h time frame, so I think scenario 2 is very likely, before a bigger correction. In case scenario 2 play out target is 23k. Daily close over support will give more chances to scenario 2
In case of breaking descending triangle resistance we are probably going to 33k-35k aprox.
Always DYOR, take profits and risk management. NFA