$BTC Forming the Inverse Head & Shoulders Reversal Pattern


Inverse head and shoulder target $67,271. 🎯
This is how structure works.
A bigger pattern is built from smaller ones.
When price breaks out of a pattern, it often forms a secondary breakout structure that extends beyond the larger formation.
Notice the right shoulder is simply a clean retest of the white falling broadening wedge + the 2hr 200MA.
Multi-timeframe confluence.
Structure, not smoke. 🔥
NFA, DYOR
#Crypto #Trading #BTC
Who else is tracking this setup?
BTC-0.22%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned