bitcoin pullback trade setup

after a long bearish move and bad sentiment
btc price has formed a consolidation pattern and
*on 1h time frame we can see a inverted head and shoulder pattern

initiating trade according to -
*as per neckline drawn on the chart
* after the breakout only we can enter long and keep stop loss below the shoulder line
* info line drawn from the head of the pattern indicates the up move possibility

duration of the trade could be short term
trade with proper risk management and position sizing
bitcoinanalysisbitcoinforecastbitcointradinghead_and_shoulderHead and ShouldersOscillatorspullbacktradersi_divergenceTrend Lines
Jimmy_Rebello

Frånsägelse av ansvar