BTC SCENARIO UPDATE (23) 12k !

Traders,

Here we have BTCUSD 1D chart.

Before talking about this pattern kindly check the previous update to take the right decision about this trade here below:

Now we have the right shoulder formation is about to be completed by touching the neckline


The bad situation is: you can't jump into this trade without completing the H&S or with uncompleted Triangle, But the nearest one now is the H&S which will lead the price directly to 12300: 12500$

Q: Does it mean we have clear Breakout ?
A: Absolutely Not breaking-out in my humble opinion it will be a Bull-Trap

Like if you appreciate this idea and kindly check related 22 updates.

Reagrds,
Mohsen

Trade attivo