BTC - M15 - POTENTIAL HEAD AND SHOULDERS IN PROGRESS !
M 15 : Potential H & S formation in progress.
Breakout of the neckline, currently @ 46612 would be the
first warning of a validation of this pattern.
If occur, allow first a breakout, then a pullback and see how
price action will develop and act accordingly if recovery failed.
Target of this H & S pattern is @ 42328, close of the very important
support of 42'000
Watch carefully price action over the coming period (s)
Breakout of the neckline, currently @ 46612 would be the
first warning of a validation of this pattern.
If occur, allow first a breakout, then a pullback and see how
price action will develop and act accordingly if recovery failed.
Target of this H & S pattern is @ 42328, close of the very important
support of 42'000
Watch carefully price action over the coming period (s)
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