Fake Breakout | Reversal Pattern

٣ يناير ٢٠٢٤

On day chart


Bitcoin has soared and plunged with high volatility in range $45,8xx and $41,000
Bitcoin has important support at 40K and Supply Zone around 47K that's why Bitcoin's dropped
With the last bullish candle has upper long wick, I think this is a Fake Breakout and it can create Reversal Pattern #HeadShoulders to pull Bitcoin back to 35K

Wait and see confirmation to trade

٢٢ يناير ٢٠٢٤

ملاحظة

Breakdown is beginning for Short Position to 35K

٢٣ يناير ٢٠٢٤

ملاحظة

Happened
Now, wait for retest to open Short Position

٢٨ يناير ٢٠٢٤

ملاحظة

Wait for declined FVG or Resistance around 43K