4300$ is next target probably

Morning guys,

Despite we have worried about bullish context due weak performance but worst expectations hopefully were in vain and market with delay but still has shown upside breakout that we were waiting for.

So, first target of 4040, is completed. This is actually AB-CD based on 4H H&S pattern and two butterflies. Now we're coming to most interesting thing, as BTC stands right under neckline of larger daily H&S. Bulls could keep longs, just do not forget manage stop orders.

Since we have nice acceleration up, there are not zero chances, that market will proceed to XOP target at 4300.
Retracement now stands very gradual and smooth. We have "222" Buy on 1H chart and bullish grabber here, on 4H, which suggests action above recent tops.