Not sure if i am late to the party. Had my eye on this setup since the first dump on support for the right shoulder. Only now had the time to publish the idea.
Anyhow. We are now testing the support on ~57.7k USD of the breakout of the declining wedge/bullflag. If we manage to hold and climb back up to ~60.2k, we complete the iH&S. There should not be much reason why not to hold support as the trading volume is rather high at this price level.
The iH&S has a specific target of just shy of 70k USD.
Lead the pack
Anyhow. We are now testing the support on ~57.7k USD of the breakout of the declining wedge/bullflag. If we manage to hold and climb back up to ~60.2k, we complete the iH&S. There should not be much reason why not to hold support as the trading volume is rather high at this price level.
The iH&S has a specific target of just shy of 70k USD.
Lead the pack
