Speculating on a Long here for a potential target of $56k close to October.
(Distance of Head + Right Shoulder + previous structure POC)
Negative Neckline, 0.5 FIB and volume POC to hold. (confluence).
Easy invalidation, good RR.
Invalidates if price closes below neckline/swing low support at $38k.
Appreciate any comments and criticism.
Thank you for your time!
