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Long

BTCUSD approaching support, potential bounce!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD is approaching our first support at 3665 (horizontal overlap support, 61.8% fibonacci extension , 50% fibonacci retracement ) where a strong bounce might occur above this level pushing price up to our major resistance at 3933 (horizontal swing high resistance, 38.2% fibonacci retracement , 61.8% fibonacci extension ).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
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BTCUSD H1 C UP. Checkout the idea detail's and update's for the complete picture.
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blah blah blah. People. It's time you use the black box approach and walk away from the charts and stop making stupid trades. Understand where interesting prices are located. Follow me for tips.

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very know pattern Inverse head and shoulders http://prntscr.com/m0eono and the explanation here http://prntscr.com/m0eovx , right shoudler is preatty much done and the target is 5200
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