Bitcoin
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Seeya Bitcoin

Head & shoulders pattern forming on Bitcoin.

There is a demand zone shaded in blue that is acting as the last support. I'm expecting this to break, and break well with volume. A sloping neckline always performs better!

Volume is also decreasing on the right shoulder. All signs of a downward breakout.

Target is the green line, stops above red line once the neckline breaks.

Please give this trade idea a THUMBS UP and I will keep you updated!

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.


Trade aktif
Here we go. Orders filling
Catatan
Lower low. cuplikan
Trade aktif
Adding more to short position on a break of the bear flag pole:
cuplikan
Trade aktif
Didn't get the bear flag break. Manage risk as we are seeing a pull back now which hurts the H&S performance to target.
Trade aktif
Reducing risk and moving stops to BE
Trade aktif
Taking partial profits is a good idea
Trade aktif
Majority of position closed, banking profits
Trading ditutup: target tercapai
Wow pin point target reached!!

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