tradingvienna

BTC HS pattern forming, short

שורט
BITMEX:XBTUSD.P   Bitcoin
with the recent bull move we are about to finish the right shoulder looking on the 1h timeframe. i think we will consolidate and then go down to test either 0.382 and/or 7.6 the last line of defense since 6.4. after that we will get a lot of momentum since we build a higher low on the daily which is much needed and healthy and go retest downtrend channel line probably rejecting there but forming a lower high on the weekly so that we become one step closer to an equibilirium pattern which will decide the 2nd half of the year. (i think its going to break bullish ). Also that confirms the bull flag on the monthly with log on
hf
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