Bitcoin - $48,500 target

This would constitute an extended B wave, suggesting a very strong correction after reaching the target. Caution should be taken since the market is over leveraged and will fall hard when it finally corrects.

Side: long
Entry: 33800.0
Stop Loss: 29199.0
Target: 47444.0
RR(BTC): 1.80
RR(USD): 2.97

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Trade closed in profit, origin head and shoulders prediction appears to be correct :