Bitcoin Idea
Updated
Bitcoin's forming H&S and seems want to retrace to the historical horizontal resistance and .5 fib confluence zone. Just a quick update. I will find the time on explaining the previous theory that worked perfectly. Stay tuned.
Comment
If you long based on this idea, also place the tight SL please.Comment
If I'm price struggle the current price for few hours I'm going to close my position as likely going down. Watch closely.Trade closed manually
Closed at break-even.Comment
Bitcoin shows decent stability at the support. Might up-break and retest the local top.
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