ladedimone

Possible Inverse Head and Shoulder

Long
ladedimone Aggiornato   
BITFINEX:BTCUSD   Bitcoin
Downtrent I was following was over. Made the retest and bounced. I will wait for correction (right shoulder around 3750) and start buying. Will sell around 4300 and wait. If it goes over necline It is a buy signal for me.

Necline and head distance is %36. Therefore probably I will sell again around 6100.

Hope it works and chart is useful for you...
Trade attivo:
Right shoulder is being completed. I will wait for a confirmation at least 2 candles. Then jump on train. Around 4500$ which is neckline, I will partly sell and look if it breaks up then jump again...
Commento:
BTC is ranging. Set up is still active unless it breaks the right shoulder(support) and heads all the way down to 3200 which is head.
Trade chiuso manualmente:
Wish we had nice volume to break above neckline. Trade closed.

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