Bitcoin
Updated

BTC - Potential Double Shouldered IH&S

158
|O.O|
Note
5 Positions:

Short Entry: 10749
Stop Loss: 11011
Target: 9856
R:R: 3.41

Long Entry: 9856
Stop Loss: 9614
Target: 10646
R:R: 3.27

Short Entry: 10646
Stop Loss: 10905
Target: 9737
R:R: 3.51

Long Entry: 9756
Stop Loss: 9299
Target: 11978
R:R: 4.86

Short Entry: 12089
Stop Loss: 12405
Target: 5561
R:R: 20.66
Trade active
Short Entry: 10749
Stop Loss: 11011
Target: 9856
R:R: 3.41
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Change to Current short position target and next long position:

Current position:
Short Entry: 10749
Stop Loss: 11011
Target: ---9671---
R:R: 4.11

Next Long Position:
Long Entry: ---9671---
Stop Loss: ---9427---
Target: ---10589---
R:R: 3.76
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Stop loss lowered in Next Long Position:
Long Entry: 9671
Stop Loss: ---9299---
Target: 10589
R:R: 2.47
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I know there is a lot going on in this chart, but the only important thing is the dotted white arrows - that's the path I think price could take over the next week snapshot
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Trade closed: target reached
Short Entry: 10749
Stop Loss: 11011
Target: 9671
R:R: 4.11
Trade active
Open:
Long Entry: 9671
Stop Loss: 9299
Target: 10489
R:R: 2.2
Note
Order Placed:
Short Entry: 10714
Stop Loss: 11011
Target: 10121
R:R: 1.96
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Update to resting Order:
Short Entry: 10714
Stop Loss: 11011
Target: 9876
R:R: 2.85
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Trade closed: stop reached
Head broken down, IHS invalid.

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