EugeneWoodMyLife
Short

Have we just completed a left shoulder and the head on BTC?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I was just wondering if we have just completed the left should and head formation? If we complete the right shoulder we should see a trend reversal. Are we about to go and test the 0.5 Fib line at $7400?
Trade active: Looks like it has just completed the HEAD, should consolidate here and start forming the Right Shoulder
Comment: As we said yesterday it seemed like it was going to form a head and shoulders pattern, we need to just keep a close eye on BTC now if it comes back down to complete the right shoulder we could see that trend reversal.

BTC could surprise us at this point and try and go for another run before completing the right shoulder.
Trade active: BTC completed the full head and shoulders so now we should see it come down and test the 50% Fib line which sits at $7594
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out