SamLazno

H&S reversal pattern + Trend line breaks

Long
COINBASE:BTCUSD   Bitcoin
Hello, I am starting to post my ideas in order to get better so don't take this as an informative way of expressing my point of view - Any comment is welcome !

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We can see a reversal H&S pattern forming. If the 4hrs price closes above the neckline we could see a bullish rally to the upside. Notice that the price is trying to break the trend line for a second time (if it closes above it, it would also be an additional bullish sign).


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