BTCUSDT 23/09/2025

Trend = bearish (first break)
Daily range from 117.896,00 $ until 111.458,73 $
After completing the expansion of the inverse head and shoulder pattern, price made the start of a new head and shoulder pattern, but did not print the shoulder 2.
After the break of structure (BOS) price continued its bearish correction without retesting the shoulder 2.
At this moment price finds support on the institutional candle. If we can maintain this support, price could possibly reverse either to the first structure or to the shoulderlevel in order to print shoulder 2.