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kokopuffs
Oct 4, 2017 3:02 AM

Neo Head & Shoulders - Big Drop Coming If Pattern Goes Through Short

NEO / DollarBitfinex

Description

Was thinking that it was a good time to go back into NEOUSD and then I saw this. A really big H&S forming.
The greed is telling you the "uptrend" will continue.
There will be some sort of pull back while it dips which will give people hope, only to crush their souls.
Use the fibonacci to find support.

Trade closed manually

Comments
Puetas7
Congratulations friend, you really wrote this to me and pure truth. Our gain blinds us. Thanks for posting
albertwt
Thanks for sharing it here mate !
CryptoTough
It's going lower. Going to flush out all of those bag holders from the top. Stronger conviction if it retests 32.
Stony_B
or not? ;)
kokopuffs
@Stony_B, big if true. haha. i'll wait for a little more confirmation before closing.
Stony_B
@kokopuffs, actually closed already before but looking for a re-entry.

kokopuffs
@Stony_B, I would've waited til the .786 fib mark for re-entry as that will get it back in its trendline. 4 Hours looks a lot more clear. The pattern is still developing.
Stony_B
@kokopuffs, Did not hit the re-entry mark so no position at the moment. Going down a lot, I'll wait for the next support level.
kokopuffs
@Stony_B, oh I didnt get what you are saying. But good thing you are safe my friend :)
max69
same on btc, could be huge
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