Stock_Holiday86

Short Term Trading Idea Inverse H&S

Long
Stock_Holiday86 Updated   
COINBASE:BTCUSD   Bitcoin
The Green Box is the buy zone holding a tight stop loss below it. The Red box is my short term target. This is based on the 4-hour chart RSI oversold at the neckline and at a higher level at the head of the pattern, around $9500. This is my plan and not financial advice
Comment:
Buy Zone: $10,000-$10,500
Target zone: $13,000-13880
SL: 9800
Trade active
Comment:
Wicked down on bittrex, will sell and re add since other exchanges aren’t showing the drop yet
Comment:
The price made it to the bottom of my sell zone, where the technicals were showing bearish divergence. Unloaded my Btc at 13100 and re-entered the trade shortly after at 12,000
Comment:
New Target: 13,700 - 14,100
Trade closed: stop reached:
Set higher stop loss earlier at 11,400
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