So first of all these ain't pretty folks, I know... But, pretty sure they're real.
First, we have an INVERTED h & s followed by a h & s, I wasn't going to post an idea but I just can pass this up. Short could be lucrative as %^&*
I have to share that I actually recently got stopped out of a trade for the first time in a long time and it was almost like a relief because I was like 10 and 0 and starting to convince myself to do an unorthodox larger high risk trade...somebody slap me. lol. It was a tight stop, but I learned my lesson, anyway. If you are going to follow this idea, and I think you should, you MUST follow my updates they will be coming fast.
DISCLAIMER: This is not investment/trade advice. This is pure speculation...rhetoric, these are merely possibilities and my own personal thoughts on what's going on. Like that old story you can give a man a fish, yeah he eats today, but he'll be hungry tomorrow, you teach a man to fish and he eats for a lifetime.
I have a formula to win whether market goes up or down for more info PM me.
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as promised
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ok folks as we can now see the invalidation I was looking for in as stated in the comments has occurred and we have a bullish move upward, I am out of the market but should have stayed bull when I noticed the invalidation because I've seen Bitcoin move in this way many times, but you can't catch 'em all, I was busy collecting money for myself my family and unfortunately the IRS lol
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check comments below, this is not what Bitcoin usually does after this pattern, it's no fractal but surely a familiar pattern, anyway, I'm still out of the market and good luck traders market looks like it has the swine flu
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I don't know how many of you follow the 'TD indicator' but we have here a clear downtrend in combination with price action being below the 50 & 128 MA's is bearish AF!
Now that’s a stretch. Maybe you should look at the weekly and check out the 50 MA and 100 MA.
TheGrandestOfAllGrandMasters
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this is what i WAS expecting :)
THEGRANDMASTEROFBTC
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@TheGrandestOfAllGrandMasters, Can you give us a target ? I know It's not predictable but anyway ? If you were in the market , where would you buy?
TheGrandestOfAllGrandMasters
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wow so the market did the opposite of my assumption of upward price action, I am hesitant here, short looks so obvious that I'm actually hesitating which is bad, look up material on trading psychology it'll make you a way better trading, it's not just getting to know TA it's getting to know YOURSELF.
THEGRANDMASTEROFBTC
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So you say that the price would come down to like , 6400?
TheGrandestOfAllGrandMasters
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@rezapasand98 not making any targets at the moment just looking for the h n s invalidation rn