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Reverse Head and Shoulders BTCUSD Trading Pattern

Reverse Head & Shoulders BTCUSD Trading Pattern Reversal Trading Signals

This is a downwards reversal head & shoulders bitcoin pattern which forms after an extended Bitcoin Trading downwards bitcoin trend. It resembles an upside-down head and shoulders bitcoin trading pattern.

This reversal cryptocurrency reversal strategy pattern is considered complete once bitcoin price penetrates above the neck line, which is plotted by connecting these two peaks between the reverse shoulders pattern.

This reversal cryptocurrency reversal strategy pattern is confirmed once the bitcoin price moves above the neckline

Summary:

  • This reversal cryptocurrency reversal strategy pattern forms after an extended move downwards
  • This reversal cryptocurrency reversal strategy pattern indicates that there will be a reversal in the btcusd trading market
  • This reversal cryptocurrency reversal strategy pattern resembles is upside-down, thus the name Reverse.
  • We buy when bitcoin price breaks-out above the neck-line: see the chart below for explanation.

Crypto Downward Trend Reversal Crypto Trading Strategy - Reverse Head & Shoulders Crypto Chart Pattern

Bitcoin Downward Trend Reversal Bitcoin Trading Strategy - Reverse Head & Shoulders BTCUSD Chart Setup

Crypto Downward Trend Reversal Crypto Trading Strategy - Reverse Head & Shoulders Crypto Chart Pattern


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