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hawkmark

Bearish Retracement on daily : head&shoulders pattern ?

Short
Bitcoin (COINBASE:BTCUSD)  
hawkmark  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Bearish Patterns Divergence hiddendivergence
2
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trendanalysis chartpattern bearish divergence hiddendivergence
We can observe a head&shoulders pattern forming on DAILY BTCUSD chart.

It is not finished yet, but if it finishes, it will announce a short term retracement.

Also, a bullish hidden divergence indicates that the uptrend will continue.

NOTE : i only have some months of experience in trading, take my analysis with caution.

Regards
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