RookieXBT

BTCUSD H/S pattern [SIMPLE] - Dec 19th

Short
RookieXBT Updated   
BITFINEX:BTCUSD   Bitcoin
BTCUSD is working on a H & S pattern of sorts.

I'm net short as of now, expecting a breakdown into the block i've highlighted.

It's about time the indicators cool off slightly
Comment:
This idea did not work out unfortunately, BTCUSD showing very good strength.

Stops were hit, onto the next.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.