If the 275$ level fails to hold i will short it in the retest of the breakout, very unlikely due to the strength that BNB is showing. If the US Dollar continues to go higher all will collapse very hard.
The most likely thing to happen is the invalidation of the pattern and further upside movement.
So:
If 275$ is broken with a daily close under it i will open a short with target 188 .
If 300$ is broken to the upside again and we get a daily close over it , it signals a long and therefore head & shoulders pattern is invalidated.
I will like to give me boost if you agree with me and i will be glad to see what do you think in the comments.
The most likely thing to happen is the invalidation of the pattern and further upside movement.
So:
If 275$ is broken with a daily close under it i will open a short with target 188 .
If 300$ is broken to the upside again and we get a daily close over it , it signals a long and therefore head & shoulders pattern is invalidated.
I will like to give me boost if you agree with me and i will be glad to see what do you think in the comments.