frupreneur

BITCOIN ( BTCUSD - POTENTIAL HEAD AND SHOULDERS PLAY-OUT)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal / investment advice.
Trade closed: target reached: We're approaching PRZ for a possible short. All buys closed. Will update when the bearish move is eminent.
Comment: Bearish move to second shoulder now in play
Trade closed: target reached: RIGHT SHOULDER FORMED. Taking all "short" profits now and looking for a good buying opportunity. Will update when price gives an entry
Trade closed: target reached: RIGHT SHOULDER COMPLETE! Profits taken as we watch Price action around the H&S neckline.

PS: A neckline break would give us some bullish consolation.
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