Meme inverse H&S pattern in play, well sort of
It's the weekend so i'm taking this meme pattern.
Targets as shown with SL
It's the weekend so i'm taking this meme pattern.
Targets as shown with SL
Note
Hmmm, after nearly being stopped out it seems like the meme pattern is in play, game onTrade active
TP1 Hit, bank some profit SL moved to just above break evenTrade active
Unbelievable, the meme Inverse H&S continues to deliverShaved some profit off again
SL move to recent swing low
Note
Currently BTC appears to be consolidating bullishly above the neckline of the memeinverse H&S, most likely next leg up is coming soon
Trade closed manually
The meme pattern turned out to be not a mememanually closing here until HTF resistance is flipped
Trade complete
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.