BTUSD on 4H showed showed breakdown of double HnS pattern. There is a small consolidation happening after 2nd HnS in form of a bearish rising flag. Histogram also shows negative. At 50 % fib region it broke 1st HnS and did a retracement. As a bearish follow-through if made another HnS. Current consolidation is the 62% fib region.
Trade idea : Sell BTCUSD with SL above 12,000. If you want to be more safe put SL above 13,000/-
Trade idea : Sell BTCUSD with SL above 12,000. If you want to be more safe put SL above 13,000/-
Trade active
Trade going as expected... waiting for 7,000 and then 6,000
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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.