Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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1- Falling wedge ( Bullish pattern ). 2- Potential Inverted Head & Shoulders ( Bullish pattern ). IHS is valid after it forms a right shoulder and breaks the neckline
After breakout stop-loss below Fibonacci retracement 0.236 level and TP's around 0.382, 0.5, and the Golden Pocket.
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Comment
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Check what matches perfectly with the Golden Pocket. The 200 ema on 4hr timeframe. Want to mention that the GP is a magnet.