spyxo2x

Bear Trap by an Inverse H&S [Medium Term]

Long
spyxo2x Updated   
BITFINEX:BTCUSD   Bitcoin
Hello once more,

Here is a possible outcome for the short/medium term. It took months to get to this point, where the triangle has a break-out. It seems to me that the downward breakout is a bear-trap and we might just be looking at an inverse Head and Shoulder - following with some upward movement.


I am a beginner, so this is not financial advice. I would like to hear your opinions though.


-Hawk
Comment:
Here is my previous analysis - which goes hand-in-hand with this one.

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