BTC Head and Shoulders

The volume is correct for this BTC head and shoulders. Volume is a key component in calling something a H&S - the left shoulder should have higher volume than the head. I am short from 7100, will reduce my position in the purple box, then re-add back to it on the bounce to test the left shoulder around 6800-7k

Happy Trading!

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another bearish indicator is the daily cloud resistance, and 100ema

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Volume just broke the H&S meme profile. Time to go back to the drawing board!