There is a head and shoulders pattern on the 1h timeframe. My prediction is that the price will follow the pink line I have drawn.
I plan to make a short at $105.15 and take profit around $96.71
Stop loss is at $108.86 right above the previous high.
If price makes a higher high, this setup will be invalid.
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BTCUSD: Potential $50K to $53K in Play Soon it Appears Bitcoin / U.S. dollar BITSTAMP:BTCUSD WyckoffMode Hi Everyone! Appears upward pressure still has control when looking at the White Energy in the 2-Day, 3-Day, 4-Day, […]
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