I was expecting the low at the head to at least reach the lower long term channel line in yellow with a long wick dipping below creating a decent hammer candle signaling a bottom. This hasn't happened yet so this possible IHS may get rejected and more sideways movement until reaching the bottom of the long term channel
Continuing the pattern - wouldn't it be nice if this scenario played out
Looking at the Daily from my previous charts you can see a huge W formation. If the IHS thats currently in play reaches its target then this W formation comes into play
Made a good break out of the triangle but didnt quite reach the neckline and finish the RS. You can see in the RS a W has formed this is another good sign for BTC.... Lets see what happens
this 4hr candle bouncing of the lower adjusted trend line ends as a hammer, we might have a solid reversal with volume
Possible break out of this symmetrical triangle (Bullish?) towards completing the invert right shoulder I drew last week