The idea is to trade the break of the rising wedge as it looks like BTC is now at a crucial level and is set to retrace from the current levels. The break should occur throughout the next 3-4 hours. Stop loss above the previous high, Tp based on the projection + important support.
Good luck to all.
Check my other ideas and subscribe if you want to receive updates on short/medium term trade set-ups.
Good luck to all.
Check my other ideas and subscribe if you want to receive updates on short/medium term trade set-ups.
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For additional confirmation, there can be applied a 1h time filter.
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There was a 1h candle close below the pattern. Trade was opened.
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Looks like the H&S pattern is forming here
A big drop is coming!
A big drop is coming!
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DOWN WE GO!!!!
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