MATHR3E

Weak Head & Shoulder Pattern

MATHR3E Updated   
BITSTAMP:BTCEUR   Bitcoin / Euro
BTCEUR

Head and Shoulder Pattern Detected.
Start of a Sequential BUY CountDown (Potential downside move) makes it weak

About TD Sequential indicator:
Comment:
If TDST Resistance is broken then Target MAX = 8500 EUR
On Daily chart, TDST SELL Sequential is on a 10/13 => Still Bullish
Comment:
BTCEUR 4H Timeframe:
We are still consolidating between TDST Support and TDST Resistance
Sequential BUY Countdown = 4/13 => leaning bearish

BTCEUR 1D Timeframe:
Sequential SELL Countdown = 10/13 => leaning bullish

Wait for the completion of the Sequential BUY Countdown on 4H timeframe to get a clearer direction

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