Trying a long position on
BTCUSD
with this confluence of elements, but only with half of my usual risk, as it could retrace more.
We have a :
- H4 RSI divergence
- inverted shoulder/head/shoulder validated by breakout of weekly pivot and currently retesting it
- it happens on 50% fibonacci retracement of big previous uptrend
H4 chart :
BTCUSD
with this confluence of elements, but only with half of my usual risk, as it could retrace more. We have a :
- H4 RSI divergence
- inverted shoulder/head/shoulder validated by breakout of weekly pivot and currently retesting it
- it happens on 50% fibonacci retracement of big previous uptrend
H4 chart :