BTC Failed Inverse Head and Shoulders

The pattern from yesterday did not confirm and we have dropped to lower lows as a result. From here we will watch the continued 4H lower high pattern, keeping the bears in control as long as it lasts. I personally made a bullish entry $7,270 looking for the 4H trend change. In the end it ended up being a loss of $40 BTC dollars which is nice and manageable. I will go over the trade details more in depth in a video later today.

Bulls still looking for a daily higher low to be set and tightening daily range into the weekend, but not daily higher low will be set without a 4H trend change.