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Global_Fx
Jun 6, 2021 11:01 AM

BTCUSD Head & Shoulders ! Short

Bitcoin / United States DollarCoinbase

Description

Hello Fellow Traders, Here is a Full 4&5 Hour Mapping Analysis For BTCUSD.

Nice Head & Shoulders Pattern Printed on The 4 & 5 Hour Timeframe!

Try it!

The Best way to follow my Analysis is if the following conditions apply.

Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)

Let Me know if you have any Questions or Comments Below

Happy Trading & Goodluck!

See You in the next Analysis!
Global Fx Education

Trade active

Comment

Running !!

Trade closed: target reached

All TP done!

550pips 🤑
Comments
BeingCryptic
Global_Fx
@BeingCryptic, Goodluck with that!
BeingCryptic
@Global_Fx,

You'll notice I chose my words very carefully. I put...

"Triple bottom? Inverse H&S?"

Of course the triple bottom can fail, it was a matter of waiting to see if it would or would not.
Global_Fx
@BeingCryptic, it's going down my friend, to 20k...
Global_Fx
@BeingCryptic, did you buy? 🤔
BeingCryptic
Got to zoom out a bit and see the forest from the tree's.

Global_Fx
@BeingCryptic, let's wait and see, patience is key.. I'll see BTC hit 20k soon 😁
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