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killa007
Jun 16, 2018 4:28 PM

Possible Head and shoulders on btc Short

Bitcoin / DollarBitfinex

Description

We are in symmetrical triangle, and there is also possibility of HS play , we have a bit more volume on dumps so I wouldn't be surprised if this HS plays out and we damp from here. But I give more credit to triangle (equilibrium) than HS.

Comment

we broke triangle but we still didnt break equilbirum as we would need higher high (6654$. Volume is also way down. We could run to +6600 for sotp runs before going down.

Trade closed: stop reached

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