Hi guys, hope everyone is having a profitable week!

This is the weekly timeframe of BTCUSD . As you can see, I’m anticipating a long-term sell signal on this instrument. Reason being, we have a bearish head and shoulder pattern that has its current candle running below the neckline after the previous candle retested the neckline after it was bearish broken. This signifies or confirms the patterns trend, and I call this signal a “H&S A-E.3 signal”…And as for the two ascending trend lines visible on the chart, they are from the monthly timeframe where I’ve drawn a bullish expanding triangle that expects a bearish retest that wasn’t made 2 years ago when the price falsely bearish broke the trend line . Furthermore, looking at the moving averages (8 m.a, 21 m.a, and 50 m.a), the short-term m.a’s ( 8 and 21) are bearish crossed with a retest made on the 8 m.a only which that confirms the m.a’s bearish trend , and having the price below the 50 m.a confirms to me that the price has rejected the long-term m.a’s bullish trend , in supporting the short-term m.a’s trend. However, the price can reject the drop and prepare to bullish rally if it decides to bullish break and retest the current H&S Neckline and 8 m.a.

I hope you found value in this. Thank you for reading through, and wish a profitable week!