BTCUSD(Sort-term) Cup and Handle formed huge fall after breakout
Updated
As we can see price is forming one of the strongest Reversal pattern on lower time frame and can easily dump after breaking last support left here that is neckline (and black line on chart ).
Notice : this analysis is for Short-term traders and ... and we are looking for short position only after breakout .
beacuse this pattern will complete only when breakout happen
some strong resistance in this low time frame mentioned too that price can fall from these areas too(Red rectangle ) .
DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
Notice : this analysis is for Short-term traders and ... and we are looking for short position only after breakout .
beacuse this pattern will complete only when breakout happen
some strong resistance in this low time frame mentioned too that price can fall from these areas too(Red rectangle ) .
DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
Note
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t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
Disclaimer
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