melikatrader94

BTCUSDT --> A possible forming pattern

Long
KUCOIN:BTCUSDT   Bitcoin / Tether
hello guys... as you can see this coin formed a left shoulder and a head (the head seems dangerous there because it looks like it is hunting for manipulation in a short time frame but I decided to bite the bullet and focus on the long position!) it is forming the head and shoulders pattern. We expect an upward movement from the possible right shoulder!
Comment:
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Comment:
the price touched the hypothetical right shoulder area!
Comment:
formed the right shoulder very well!
now we should wait until the price breaks up the neckline
Trade closed: target reached

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