So if BTC doesnt break down quickly, we may have a double H&S pattern play out, with a tight SL, you can bet on both, to calculate the target for a H&S, you can set 2 targets, the first measured from the bottom of the latest shoulder, second target measured from the neckline, (as everyone does), (the first target, how I measured it, ALWAYS GET HIT ;-) ! (second one not so offen), feel free to backcheck this...
Comment:
The right shoulder could be very much lower, as i told in the Short-BTC trade, $40k, actually, just dismiss this trade, i'll post a better trade when $40k reached...