BitcoinUpdated BTCUSD Quick Idea
So this is my first btc chart, nothing fancy here just an idea.
To me it looks like the ABCDE correction has complete and now formed an inverse head & shoulders .
On the up side, I'm looking at the top of the right shoulder to see if it breaks 11,200.
On the flip side, I'm looking at the bottom of the right shoulder to see if it breaks 9,500.
Based on my two points I can confirm long or short.
I'm not giving any advice here nor should you trade based on any of my idea's. Good luck and trade at your own risk.
To me it looks like the ABCDE correction has complete and now formed an inverse head & shoulders .
On the up side, I'm looking at the top of the right shoulder to see if it breaks 11,200.
On the flip side, I'm looking at the bottom of the right shoulder to see if it breaks 9,500.
Based on my two points I can confirm long or short.
I'm not giving any advice here nor should you trade based on any of my idea's. Good luck and trade at your own risk.
Note
Inverse h&s failed. Possible new scenario. Double bottom inverse h&s. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.