H&S is possible on 1H

Morning guys,

BTC stands well with our trading plan, as response on strong daily resistsance starts to form and downside action finally has started.

Shortly speaking, we expect at least 3/8 retracement somewhere to 4500-4600$ area and it could happen that market is forming 1.27 H&S pattern, which has the target right around major support.

There are some issues around this pattern exist that we've discussed in daily video on our FPA site. Also we still have suspicouns concerning recent rally as it has no real positive background and now
a lot of rumors that was a kind of Ddos action on BTC price but not real splash of demand... we'll see.