CryptoFido

BTC - Breaking Out - Inverse H&S

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Comment: As I signaled in my Premium Group few days back to Long from 3.3k to 3.8k and was spot on.. that was an easy 65% on 5x Leverage.. others did 325% on 25x Profits!!! :)

This is going to 4.4k before a retrace completing right shoulder then 6k!
Trade active: Trade is Active!!... Premium Group have got 487% Profit in few hours ;)
Trade active:

This is the adjusted IHS of my original BTC chart observed on Dec 17th. for more accurate results.. happy trading!
Trade active: Trade is active! according to my slightly adjusted TA.. BTC still playing nice within channel I laid out for ;) .. Accuracy is my Goal!!

Trade active: Trade is active! consolidation broke out of the rising wedge confirming the bull flag.. this will reach my posted targets!

Comments

Nice call!
+1 Reply
Thr left shoulder is manipulated dump + a panic sell off, thats how the "usually" plays out.

The right should is already in the making.
+1 Reply
CryptoFido Bulldragon
@Bulldragon,

It is already in make yes.. you can appreciate the pattern when you see the date on it Dec. 17th which was even before completing the Head ;)
Reply
CryptoFido Bulldragon
@Bulldragon,

You like how accurate it turned out to be ;)
Reply
I doubt this will be the scenario. Its definelty a prospective to keep an eye on.
+1 Reply
CryptoFido CryptoSync
@CryptoSync, Will see how it plays out ;)
Reply
CryptoFido CryptoSync
@CryptoSync,

I guess it's playing out nice so far ;).. hope you got on this nice long
Reply
CryptoSync CryptoFido
@CryptoFido, Oh yes I am definitely long for now. The only restriction I have is the H&S pattern. I doubt that will play out. but lets see whats in the future.
+1 Reply
CryptoFido CryptoSync
@CryptoSync,

I think Scenario have worked out perfectly, what do you think ? :)
Reply
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