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steve.elliott

Retest and rejection of neckline - Down to 8600 next?

Short
Bitcoin (BITFINEX:BTCUSD)  
steve.elliott Updated   
BITFINEX:BTCUSD   Bitcoin
Chart Patterns BTCUSD
4
1
chartpattern btcusd
Looks like it tried and failed to breach the H&S neckline. Could we be heading for target at 8600?
Comment:
Second touch and rejection....
Comment:
Invalidated - Cant win em all ;)
Trade closed: stop reached
Comment:
OK, so maybe the neckline wasn't quite where I anticipated and this trade is still on. Easy to say after the moment I know, but we have a good rejection from 10,400 which could prove important. Games still on as far as i'm concerned. 8600 still in play.
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