Bitcoin - Inverse Head and Shoulders

Trade 1:
Side: Long
Entry: 6656.0
Strop Loss: 6499.0
Target: 8689.0
RR(BTC): 9.08
RR(USD): 12.95

The current state of all November trades can be found in the following spreadsheet:
docs.google.com/spreadsheets/d/1c_i0ihpXUBumntv8EORSHFwHNdoYwTo8VJbRrDpuOig/edit?usp=sharing

This Post will be updated any time a trade is added/cancelled/changed/opened/closed.

|O.o|

Note

IHS now confirmed, long order raised to new demand zone at 0.5 retracement of head.

Trade 1:
Side: Long
Entry: 6956.0
Strop Loss: 6824.0
Target: 8689.0
RR(BTC): 9.52
RR(USD): 13.13

Note

Trade 1 Updated:

Trade 1:
Side: Long
Entry: 6961.0
Strop Loss: 6829.0
Target: 8689.0
RR(BTC): 9.51
RR(USD): 13.09

Note

Trade 1 Updated:
Side: Long
Entry: 6917.0
Strop Loss: 6829.0
Target: 8689.0
RR(BTC): 14.14
RR(USD): 20.14

Note

Trade 1 Updated :

Trade 1:
Side: Long
Entry: 6951.0
Strop Loss: 6829.0
Target: 8689.0
RR(BTC): 10.29
RR(USD): 14.25

Note

Trade 1 Updated:

Trade 1:
Side: Long
Entry: 6951.0
Strop Loss: 6799.0
Target: 8689.0
RR(BTC): 8.35
RR(USD): 11.43

Note

Trade 1 updated:

Trade 1:
Side: Long
Entry: 6956.0
Strop Loss: 6799.0
Target: 8689.0
RR(BTC): 8.07
RR(USD): 11.04

Note

Trade 1 updated:

Trade 1:
Side: Long
Entry: 6837.0
Strop Loss: 6768.0
Target: 8689.0
RR(BTC): 18.25
RR(USD): 26.84

Trade active

Purple H&S appears to be a continuation. Trade 1 entered at current level with stop loss below 7150.

Trade 1 (Open):
Side: Long
Entry: 7245.0
Strop Loss: 7149.0
Target: 8689.0
RR(BTC): 11.11
RR(USD): 15.04

Note

Trade 1 closed - stop reached

Trade 2 Added (Open):

Side: Long
Entry: 7134.0
Strop Loss: 7099.0
Target: 8689.0
RR(BTC): 28.01
RR(USD): 44.43

Note

Trade 3 Order placed:

Side: Long
Entry: 6714.0
Strop Loss: 6489.0
Target: 9147.0
RR(BTC): 7.31
RR(USD): 10.81

Note

Trade 3 Added:

Side: Short
Entry: 7974.0
Strop Loss: 8271.0
Target: 6914.0
RR(BTC): 4.06
RR(USD): 3.57

Note

*Typo in above comment, new trade is trade #4

Note

all orders cancelled

OrigamiOracle

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.

OrigamiOracle