OBR

Head and Shoulders FIGHT CLUB!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Targets of the initial head and shoulders patterns were met, albeit after the market played mindgames on the traders, with giant drops out of the ascending wedges .

Now I see two competing Head and Shoulders patterns. Which one will break the neckline first?

I'm personally using the lines of invalidation as entry and exit points. I think it is safe as it will invalidate the inverse head and shoulders . Considering the mindgames the market plays, better be safe than sorry. Trade at your own risk!

Now if both necklines break, but neither H&S is invalidated (by price breaks of the heads)... LOL.

GOOD LUCK BULLS!
Comment: Neckline of the Inverse head and shoulders has been broken. BULLISH.
Comment: KNOCK OUT! The winner is... THE GREEN TRUNKS

Volume a little low tho. Not feeling confident about this rally.
Comment: Bull flag developing. If the bull flag breaks up, the target will be met!
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