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hehe
Aug 10, 2014 9:39 AM

$BTCUSD - Do you play Chess?  

Bitcoin / U.S. dollarBitstamp

Description

Why do I ask? On the chart, we see how both parties / black and white / block each other's movements. What will be the result? Just like in chess - we play to the end .... I know there is boring - but the old proverb says: 'Do not close the position at a boring market'!

To sum up: on the daily we have a symmetrical triangle consolidation, the Head & Shoulder and the Three Rising Valleys / not confirmed / and the PipeBottom / confirmed /; on H4 / short term / Head and Shoulders / not confirmed/ and for the balance: Adam & Adam Double Bottom; on H1, we see a small Inverse Head and Shoulders.

thepatternsite.com/aadb.html

Good luck!
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