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Bitcoin
Short

Head and shoulder forming keep tight stop losses

By djupgrade
Updated
Head and shoulder forming on 4hr chart. Neckline has formed. I see slight uptrend followed by a lot of bear food. Keep stop losses tight traders.
Trade closed: target reached
Validated. target reached. It also bounced right off my resistance line of the greater overall wedge we are in since November.
Chart PatternscryptocurrenciesCryptocurrencycryptotraderhead_and_shoulderheadshouldersTechnical IndicatorsInverse Head and ShoulderspatterntradingTrend Analysis
djupgrade

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