Well I got this wrong. Originally I made a mistake when placing my order and bought instead of sell. Would have been fine if I didn't liquidate that position right after placement. Hindsight is 20/20. I placed this off the 30 minute chart but I guess its not as accurate as on the 15m chart? 15m chart shows a larger divergence so I think I will just stick to 15 min...
I really thought again that it would trade in this blue globule but I was wrong - again.
Either TA is worthless, OR I am bad. I am leaned towards the latter.
Please see the BTC chart. I have my notes on the chart.
-I was wrong about the perfect inverted head and shoulders. After it broke upwards, I tried to see if it could be slanted.
-I was wrong again... The second inverted head and shoulders pattern did not play out either (although it could with a slight note on the neckline.
-I think I will be wrong again (so...
This is true, It happen to me on this idea, be careful with what you are watching it may not be
the real thing on weekly till the week end. " Non were printed on the chart".
