Bitcoin: Potential inverse head and shoulders
Not sure if im playing this yet, but this might be a likely outcome. TP's would be the green lines with the all out at 52k. If this inverse head and shoulder plays out, I will be very surprised if it gets all the way to 52k as its a huge resistance area.
Note
Update: sniped the entry ;) If anyone got in, remove the sl to break evenTrade closed: stop reached
Took profits and stopped out beTrade closed: target reached
Aaaand a nice win if anyone stayed in!
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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.