BTCUSD Head and shoulders forming on 4 Hr Charts

2 Tem 2020

An update to an Existing Idea.
Wedge Breakdown, forming right shoulder as we speak. Love it when a trade goes according to plan!

2 Tem 2020

Not

The wick tested neck line.

3 Tem 2020

Not

Here we can see the head and shoulder pattern with the right shoulder being broken down into a rising wedge, and a falling wedge ABC correction. With positioning of bearish crossovers using the holy grail indicator it seems to be confirming the pattern. Let see if we can continue dissecting BTC's price movement. So far so good!