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Mikephicc
May 8, 2018 7:46 PM

BTC DOWN TO MAKE CANDLES CLOSE ON A REAL PULLBACK TO TRIANGLE H4 Long

Bitcoin / DollarBitfinex

Description

BITFINEX:BTCUSD

08/05/2018 . Head and shoulders breakout finds support at the right angle of the equidistant bullish triangle and 78.6 % Fibonacci of the latest uptrend which broke the triangle from 8810 to 9990 on Saturday 5th of May.

Target. still 10400 after measuring the height of triangle.

Show must go on, trade safe everybody !

Comment

Shall we pass through 9235 to confirm a reversal. If not, net stop 9000 down to 8855.

Comment

Triangle cancelled by far, next look at 7800.
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