IAmSatoshi

Potential iH&S Forming

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Inverse Head and Shoulders nearly completed based on structure and volume criteria

entry (neckline): 7525
TP/exit: 8100-8700 (1.618 fib - measured move)
SL (right shoulder): 6925

Resistance confluence at TP range includes:
- 200EMA
- Daily Cloud
- Yearly Pivot
- Weekly 20SMA
- Weekly Kijun

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