3600$ is a moment of truthGreetings,
although market has shown minor upside spike, after our recent discussion, strong collapse has followed shows inability of the market to break neckline of daily H&S pattern.
Although major invalidation point of right arm's bottom @3600$ has not been broken yet, and theoretically H&S is still valid, but this kind of action is irrational for H&S pattern
and should be treated as big flaw in bullish context.
Now we should at least escape any long positions. For short entry there are two different setups - either wait for bearish continaution patterns, such as '222" Sell, based on recent drop, or wait for breakout of 3600 area, which
suggests drop below 3000$ and action to our all time 1800$ target that we still keep on the table...
