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Inverse Head and Shoulder. Target 39K-40K

370
Hi everyone,

Thank you for considering reading my idea.

This is a separate update of my previous idea (see related idea below). My previous idea is that this could be an inverse head and shoulders pattern. I have been following this pattern since the formation of the head 2 days ago. Now, it seems like it's almost done forming the pattern. We should see a target of 39-40K (2.414 level of fib retracement)

Like this idea and follow me for more analysis like this. TAYOR.

Cheers,
Juvs
Catatan
Added a long position near the point of the right shoulder. Now, we are now breaking the neckline. We want to see a test on the neckline before going back up

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Catatan
We tested the neckline and we confirmed the pattern.

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This ascending triangle in 15m chart will help us reach the target.

BTCUSD 15m. Ascending Triangle. Short term target 38K
Catatan
Still getting support in the neckline

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Catatan
We keep getting rejected on the 37K level

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Catatan
Target reached

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