Looking at the four hour ( 4HR ) on Bitcoin (BTCUSD). Its a tad sloppy, not the most perfect H&S pattern we have seen, but i do see potential in this playing out and taking us further down. Also, we haven't been able to get past the fib i have highlighted in my last charts. I am short. And as long as don't move past the key resistance area... Well, then I think I will be holding her for a tad bit. I don't plan on holding long term swing trades right now, which is what i mostly trade. But, low leverage day trades, not scalps, but 4-12 hour holds. Happy Trading!
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