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triton
Aug 14, 2017 8:41 PM

Short term reversal Short

Bitcoin / DollarBitfinex

Description

As BTC went for the 3-way push, a short term head and shoulders is lining up on the 15m allowing us to enter on a solid short with good risk reward. Declining volume could indicate that this was indeed the top. The 4hour candle has just put in a spinning top aswell. In order for this pattern to succeed, price will need to break below 4180. If however we break above 4300 and go for new highs, the short will be covered.
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