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mdyassink
Mar 3, 2021 8:35 AM

BTCUSD INV H&S Breakout Trade Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

BTCUSD Trade Opportunity right now on the 4hrly chart. Possible to wait for confirmation with a bounce with resistance of Inverse Heads & Shoulders pattern turning to support. Beware of Fakeouts!

Target around 57750.

Just sharing an observation.

Good luck!

Comment

Possible bounce from top of pattern... wait for confirmation on the hourly or 4 hourly candle for confirmation for safer long entry for this Inv Heads and Shoulders pattern with a stop loss at below the previous resistance turned support area...

Comments
Henry_Ross
Wow, good work.
mdyassink
@Henry_Ross, thanks for the kind compliment.. good luck with your trades!
Henry_Ross
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