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Hisham577
Feb 22, 2018 5:46 AM

Possible Head & Shoulders ! Short

Bitcoin / United States DollarCoinbase

Description

Possible Head & Shoulders in 4H chart

Comment

Comment

Comment

since no body can predict the market there is another possibility, we can decide which scenario will proceed when we hit the long term trend line (sky blue line)

Comments
YardleyRosette
RSI will be met with MBL to be rejected, and will be representing a pullback for the downtrend reversal as MBL lowers.
YardleyRosette
In this instance only TSL rejected RSI which could mean bearish trend is stronger than I personally expected. RSI can in the future be rejected by MBL especially as long as MBL stays in a steep slope down or is not under 50 nearing 32 as it curves upward & is then crossed up by RSI.
Hisham577
@YardleyRosette, exactly
YardleyRosette
I am speaking of Traders Dynamic Index
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