•Inverted H&S •Waiting for EMA crossover or rejection •Flag pattern closing •Long to 40K to retest resistance •Waiting for daily closure for long term analysis
•1H TF •Rejected 200 EMA twice with M formation. •Currently testing market structure & 20 and 100 EMA •Downtrend on RSI w/ H&S pattern •Trend line broken Looking to take down between 25K-30K Pure speculation based on above understanding of patterns, EMA, RSI, trend lines, and market structure. Always open to suggestions and feedback.