If we see this IH&S play out, there are two paths I see BTC taking.
It will either retrace after reaching the target from the breakout of the bull flag, or it will be retracing here.
It will either retrace after reaching the target from the breakout of the bull flag, or it will be retracing here.
Note
If it does retrace to complete the IH&S, I could see it bounce off the .236 Fib line
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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.