OCEANUSDT Perpetual Analysis with bearish H&S pattern

11 ביוני 2022

This is a great example of an H&S pattern and even though I could've entered after the neckline had been broken I prefer to wait for the first pullback to give myself a better RR Ratio. Price has also reacted consistently to Fibonacci Levels, which lets us predict pretty accurately where the pullback will top.
Hope this analysis was somehow helpful, have a good day!
(Not financial advice)BYBIT:OCEANUSDT