BTCUSD - 4H - Inverse Head and Shoulders @ Cup and Handle?
AS ALWAYS NOT A FINANCIAL ADVISOR!
This is an update on the previous call linked below.
There is at the moment, a possible Inverse head and shoulders under development.
This is still not fully developed and it is possible a bit more of downside.
NEVERTHELESS I am expecting that the target for this IHS will have a price target above ATH.
This will represent a breakout of the Cup and Handle from the linked Idea.
If this is the case we can see a push towards the 74k to the 78K (it depends where the neckline is)...
Impressive!!!
Good Luck!!!
This is an update on the previous call linked below.
There is at the moment, a possible Inverse head and shoulders under development.
This is still not fully developed and it is possible a bit more of downside.
NEVERTHELESS I am expecting that the target for this IHS will have a price target above ATH.
This will represent a breakout of the Cup and Handle from the linked Idea.
If this is the case we can see a push towards the 74k to the 78K (it depends where the neckline is)...
Impressive!!!
Good Luck!!!
Trade active:
I would say that the right shoulder underperformed to the downside and simply broke the IHS neckline && the Cup and Handle' Handle to the upside.
Cup and Handle still in progress!