Primary pattern to watch for is H&S

Morning guys,

yesterday we've met some misundertsanding in comments so here we try to clarify this.

We wait for deep retracement to trade BTC long with some AB=CD shape. Most probable pattern that could provide it is H&S. So, we're waiting for the bottom of right arm.

But we do not trade BTC short now and do not call for this. In fact, we do not care where downside reversal will happen and where neckline of H&S will be. All that we do care about -
where this downside retracement will over. Because this is our entry point.

And the fact that yesterday downside action is not started - doesn't harm our position, since we do not trade BTC short right now. It just means that we're still waiting...