Three reasons to take a short position
1- head and shoulders pattern in Daily time frame: BTC has completed a head and shoulders pattern in the daily timeframe
2- Double High pattern in weakly time frame: as you can see below, we can see a double high pattern in the weekly timeframe
https://www.tradingview.com/x/HcCjDuCg/
3- Pinbars in Highs: we can see strong rejections as pin bars in the highs
https://www.tradingview.com/x/xf55VxZy/
1- head and shoulders pattern in Daily time frame: BTC has completed a head and shoulders pattern in the daily timeframe
2- Double High pattern in weakly time frame: as you can see below, we can see a double high pattern in the weekly timeframe
https://www.tradingview.com/x/HcCjDuCg/
3- Pinbars in Highs: we can see strong rejections as pin bars in the highs
https://www.tradingview.com/x/xf55VxZy/
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.
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.