BTCUSD head & shoulders

BTCUSD has formed head & shoulders pattern on daily chart which is bearish pattern and the market is more likely to move further down. We just got the volume confirmation of breakout. Enter when price is retesting the neckline at ~48000. The trade should play out within a month

profit target: 34000
stop loss: 60340

Ordine annullato:

cancelling trade. the price never tested the proposed entry point. also since there was massive dump that reached potential target of such trade.