Another Failed HNS Setup Long
Bitcoin all time history indexINDEX
Description
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Speculating on a Long here for a potential target of 56k close to October.
(Distance of Head + Right Shoulder + previous structure POC)
Negative Neckline, 0.5 FIB and volume POC to hold. (confluence).
Easy invalidation, good RR.
Invalidates if price closes below neckline/swing low support at 38k.
Appreciate any comments and criticism.
Thank you for your time!