The same H&S plan

٥ سبتمبرMorning everybody,

actually I'm not sure that we need the "new trading idea" here, because this is just update on existed one. Everything goes with the plan. Now BTC comes to the neckline, and intraday bulls could start watching for small 15-min reversal patterns to make a decision on long entry.

Target is the same - 61-62K, the top of right arm of our H&S pattern. Those who trade on daily/weekly basis just do nothing and wait for this area to consider short entry..

So let's mark this idea as "Long", because we're watching for 61K action, but as you understand overall setup is bearish...