Possible head and shoulders - BTC

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
A possible head and shoulders formation is forming on daily chart , I expect a right shoulder, bouncing from the long term trendline . If this occurs, there is a possibility of price fall.
This is for educational purposes, I'm fairly new to trading. Any criticism is welcome.
Was seeing the same thing and it might be the straw that breaks the camel's back.
+1 Reply
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