15% run upcoming again ?

Hello Traders,

Yesterday Waves tried to hold when BTC was crashing all supports out their.

you can see the head and shoulder pattern on the chart with it's targeting lining exactly with the daily resistance

Wait for a breakout and then enjoy 15% upward now

Target 11.9 mainly
Maybe before a little maybe after ?
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Hope you enjoy this, leave a thumb up for more

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Reposted again to make chart quality better.

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Tested out the neckline on 5m

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Btc saying hello again

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30m candle close is important to go

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We can trade this pattern with different H&S neckline on each timeframe

surely using a lower neckline (on 1h chart as an example) will decrease our target a little.

but till now ? all good, wish it will continue like this

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neckline around 9.70

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I will give to scenarios to play,

1- bearish one : Waves forming new head and shoulders towards the downside

2- Bullish one which is the idea about,
neckline will be at 9.57 so we retrace back up to the target on the photo

Trade closed manually

If you have question, Just ask in the comments I will be their for you.

TANcrypt0

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available in both AR and EN.Don’t hesitate to ask questions in the comments!

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TANcrypt0

Follow for more frequent updates about crypto on Telegram,
available in both AR and EN.Don’t hesitate to ask questions in the comments!

Also on: