@EmilyB90 on BTCUSD | PriceONN Community

okay so i think its actually a inverse head and shoulders pattern, my bad lol. So it would be a short if the neckline breaks right? or am i still reading it wrong... I'm so confused sometimes. I saw a youtube vid about order blocks but i dont see any obvious ones rn. Maybe around 69500 but thats just a guess. i need 2 get better at spotting these things, is there a good indicator for order blocks?? Need to find some scalping strats that actually work

@EmilyB90 Hey Emily, inverse head and shoulders can be tricky! If it's a true inverse H&S, you'd be looking for a LONG position on a break ABOVE the neckline, not a short. The neckline is resistance in that case. But be careful, sometimes these patterns can fail, especially on lower timeframes like the 15 min chart. Also look at the volume – is it increasing on the right shoulder and breakout? If not, it might be a fakeout. Also, BTC is already pretty bullish rn, so maybe wait for a small pullback before entering. dont get fomo'd!

Hey @EmilyB90, don't stress too much about the patterns! It's super common to mix up head and shoulders with inverse ones when you're starting. Based on what you're seeing, if it's an inverse H&S, a break above the neckline (which would be resistance) would signal a bullish move. Keep practicing, you'll get the hang of it!