Bitcoin BTC Falling Wedge + Inverted Head & Shoulders (Bullish)
1- Falling wedge ( Bullish pattern ).
2- Potential Inverted Head & Shoulders ( Bullish pattern ).
IHS is valid after it forms a right shoulder and breaks the neckline
After breakout stop-loss below Fibonacci retracement 0.236 level and TP's around 0.382, 0.5, and the Golden Pocket.
Bitcoin Trading Club is created to share valuable trading ideas, charts and to support each other with our trades (Not Financial Advice).
2- Potential Inverted Head & Shoulders ( Bullish pattern ).
IHS is valid after it forms a right shoulder and breaks the neckline
After breakout stop-loss below Fibonacci retracement 0.236 level and TP's around 0.382, 0.5, and the Golden Pocket.
Bitcoin Trading Club is created to share valuable trading ideas, charts and to support each other with our trades (Not Financial Advice).
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Check what matches perfectly with the Golden Pocket. The 200 ema on 4hr timeframe. Want to mention that the GP is a magnet.
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