BTCUSD 1H - Swing Short to form Inverse H&S
Price looks like its forming an Inverse Head & Shoulders pattern on larger time frames before continuing higher. Whether macro price going higher or lower, short term (1H) price looks bearish. Red Ray was support now turned resistance. I love levels built around doji's. Gray zone was fresh 1H demand that price is bouncing off of as expected. I see price rejecting the red line before heading further down to the stronger green demand zone price target.
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