The picture here reflects a perfect reverse Head and Shoulder pattern in the making. If all goes well, and the report that is due to come out today goes the right way, we can expect to see BTCUSD jumping back up. Refer to the chart for more clarity. Of course, this comes with a disclaimer that nothing in Forex trading is 100% guaranteed. Trade at your risk.
Disclaimer
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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.