BullmarketFX

BITCOIN update

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BINANCE:BTCUSD   Bitcoin
After breaking and closing above daily resistance market has now broke back down below with a brearish impulse confirming it was a fakeout, now on the 4hr timeframe market is below resistance and is forming again new bearish structure and this head and shoulders formation. We could possibly look for a short on the retest of daily resistance which will also create this right shoulder... waiting for confirmations first.
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