This is my first time using the H&S indicator. Feel free to correct my point of view. I'm still learning! Thank you
• H&S completed on the 4H chart
• Indicates further downwards movement
• We should also consider the (partially baseless) FUD from china
• It's sunday. The weekend does always look very bearish
• Big sell pressure - people are scared of a bearmarket after the steady growth up to 5000$
A healthy correction is necessary for a further growth.
Let's see where this goes.
• H&S completed on the 4H chart
• Indicates further downwards movement
• We should also consider the (partially baseless) FUD from china
• It's sunday. The weekend does always look very bearish
• Big sell pressure - people are scared of a bearmarket after the steady growth up to 5000$
A healthy correction is necessary for a further growth.
Let's see where this goes.