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Jay3000

BTCUSD Head and shoulders forming on 4 Hr Charts

Short
Bitcoin (BITSTAMP:BTCUSD)  
Jay3000 Updated   
BITSTAMP:BTCUSD   Bitcoin
Head and Shoulders Wedge BTCUSD BTC
11
8
headandshoulders wedgepattern btcusd btc
An update to an Existing Idea.
Wedge Breakdown, forming right shoulder as we speak. Love it when a trade goes according to plan!

BTCUSD Short Term bearish signals!
Comment:
The wick tested neck line.
snapshot
Comment:
Here we can see the head and shoulder pattern with the right shoulder being broken down into a rising wedge, and a falling wedge ABC correction. With positioning of bearish crossovers using the holy grail indicator it seems to be confirming the pattern. Let see if we can continue dissecting BTC's price movement. So far so good!
snapshot
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