Seeya Bitcoin

2 Ağu 2018

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.

3 Ağu 2018

İşlem aktif

Here we go. Orders filling

3 Ağu 2018

Not

Lower low.

3 Ağu 2018

İşlem aktif

Adding more to short position on a break of the bear flag pole:

3 Ağu 2018

İşlem 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.

4 Ağu 2018

İşlem aktif

Reducing risk and moving stops to BE

4 Ağu 2018

İşlem aktif

Taking partial profits is a good idea

5 Ağu 2018

İşlem aktif

Majority of position closed, banking profits

5 Ağu 2018

İşlem kapandı: hedefe ulaştı

Wow pin point target reached!!