BitcoinTradingClub

Bitcoin BTC Falling Wedge + Inverted Head & Shoulders (Bullish)

Long
BITMEX:XBTUSD.P   Bitcoin
1- Falling wedge ( Bullish pattern ).
2- Potential Inverted Head & Shoulders ( Bullish pattern ).
IHS is valid after it forms a right shoulder and breaks the neckline

After breakout stop-loss below Fibonacci retracement 0.236 level and TP's around 0.382, 0.5, and the Golden Pocket.

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Comment:
Check what matches perfectly with the Golden Pocket. The 200 ema on 4hr timeframe. Want to mention that the GP is a magnet.
Comment:

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