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bitcoin making H & S

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BITFINEX:BTCUSD   Bitcoin
BTC is making a head and shoulder as you can see in the chart
With a target of 3900ish

lets see how this plays out.
Commento:
Stil in play , just an extended shoulder if it doesent break in the next 30 min its not valid anymore
Commento:
Since BTC broke the neckline , BTC Made a bearflag and is now making a other bearflag , this is not looking good because this is a continue patern BTC can make flag after flag and going slowly down i would wait to get back in and see how low we can go H&S TARGET 3800-3900ish .
Commento:

we are about to break lower!
Commento:
if you look @ the 4hour BTC chart this could get much more uglier if this Head and shoulder plays out. with a target off 3100ish.


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