BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
After roughly 30% down, Bitcoin has formed a multi-day disjointed angle and a rough formation of an Inverse head and shoulders pattern. Thus creating excellent trading opportunity for those sitting on the sidelines.

I apologize for the delay, at the time of this publication BTC was Testing Entry 1 displayed above.
We may get lucky enough to test again, or possibly Entry 2 a little further down. The trade setup is as follows:

The trade:
  • Entry 1: 10255
  • Entry 2: 9931
  • Target 1: 11450
  • Target 2: 12490
  • Stop/Loss: 9200

I hope you all found this publication interesting and maybe even a little helpful.

I wish you all the best of luck!
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Comments

Good stuff. I like how u tell us ur entry and exits. Most do not. Keep it up
Reply
Exactly the pattern I'm looking to
Reply
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