BitcoinBearSlayer
Long

BTC - Inverted Head and Shoulders on the 2hr?

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Is this a valid Head and Shoulder pattern developing on the Coinbase 2hr chart? If so, a break North should take the price to at least the $6,200 area.

May 05
Trade active: I may have been too early on the Right Shoulder but it's still valid so long as we don't drop below the head.

May 06
Trade active: The chart keeps morphing. The patterns are still bullish so long as point A does not get taken out. Now I am looking at this Triangle pattern developing. It should be a continuation North but no guarantees.

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