Morning guys,
It is no need to make big update today as our major pattern is valid, BTC gradual creeps to the neckline and we keep an eye on its breakout.
Those who has missed our major entry but still consider taking of long position could think about 7.4K area on 1H chart. Touching of neckline of daily reverse H&S right before its breakout hardly will trigger deep retracement, but some minor pullback is possible. And this minor pullback could be right to 7.4K - combination of two Fib levels from different swings (DiNapoli calls it as Confluence support).
If we will get AB-CD type retracement there and small "222" Buy - all the better.
That's all that we would like to add today. Let's see what will happen with our H&S pattern...
It is no need to make big update today as our major pattern is valid, BTC gradual creeps to the neckline and we keep an eye on its breakout.
Those who has missed our major entry but still consider taking of long position could think about 7.4K area on 1H chart. Touching of neckline of daily reverse H&S right before its breakout hardly will trigger deep retracement, but some minor pullback is possible. And this minor pullback could be right to 7.4K - combination of two Fib levels from different swings (DiNapoli calls it as Confluence support).
If we will get AB-CD type retracement there and small "222" Buy - all the better.
That's all that we would like to add today. Let's see what will happen with our H&S pattern...
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.