BitcoinLong
H&S reversal pattern + Trend line breaks
Hello, I am starting to post my ideas in order to get better so don't take this as an informative way of expressing my point of view - Any comment is welcome !
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We can see a reversal H&S pattern forming. If the 4hrs price closes above the neckline we could see a bullish rally to the upside. Notice that the price is trying to break the trend line for a second time (if it closes above it, it would also be an additional bullish sign).
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We can see a reversal H&S pattern forming. If the 4hrs price closes above the neckline we could see a bullish rally to the upside. Notice that the price is trying to break the trend line for a second time (if it closes above it, it would also be an additional bullish sign).
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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.