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Lynx4x
Jan 2, 2019 3:07 PM

Inverted Head and Shoulders Formation - BTCUSD Long

BITFINEX:BTCUSD240
Bitcoin / DollarBitfinex

Description

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Spotted a H&S formation on the 4 hour chart.

4 hour chart is trading above a 200-MA and daily above 20-MA which is significant.

Entry order is above break-line.
Trend AnalysisBTCUSD
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