Signals_from_Gordon_Gekko

Bullish sentiment persists

Long
BITMEX:XBTUSD.P   Bitcoin
Despite yesterday's correction, the upward movement remains a priority. The Head and Shoulders is formed on the 4-hour timeframe. Therefore, I am waiting for confirmation of the pattern and its development up to the 9700 mark.
Comment:
On the weekend, the price went sideways, but despite this, my priority is still to get the price up. The right shoulder of the Head and shoulders formation is slightly stretched, but this figure can still be viewed. Also on the 1D timeframe. the last candle closed bullish. Therefore, in the near future, an upward momentum is likely, up to the level of 9500.
Trade closed: target reached:
Everything went according to plan, as I expected there was growth. Head and Shoulders fully worked out. The uptrend is likely to continue after the correction.

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