TradingView
capsule91
Mar 10, 2018 8:48 AM

a probable HS... 

Bitcoin / U.S. dollarBitstamp

Description

The decrease is vols makes me thing this is a head of HS forming..!
Disclaimaer.... Only a startegy check, not a trading /investing advice

Comment

excuse the right shoulder which h wrongly gone higher up, but what makes me more convinced is this set up of a bearish bat and HS forming in the PRZ..

Comment

so far so good...

Comment

Comment

Comment

right shoulder skeleton

Comment

alternative Rshoulder skeleton...

Comment

the dotted green like is a very imp level i the bearish bat PRZ, that can also stop the ascent of the right shoulder

Comment

wow just what i updated a minute ago..

Comment

sharp rejection from the neckline!...
Doubts remains.....

Comment

make or break time..

Comment

demand dominance thoughout the rt shoulder

Comment

Comment

market maintain typical equilibrium thoughout the HS... this is it.. decision point... the SL or TP trigger...

Comment

approach of the final neck...

Comment

headlock

Comment

markets still at equilibrium, man this is a weak HS!

Comment

now bullish take over is happening, further weakening the HS, have reduced short position acquired at the top of rt shoulder...

s3.amazonaws.com/tradingview/snapshots/y/yhSK9V2u.png

Comment

bullish truncated butterfly and symm tri at the rt shoulder...
its desroying the HS mojo

Comment

and it happens....
Comments
bdu
great work? When to sell?
capsule91
@bdu, plz have your own assessment... this is not a trading advice, just an analysis
bdu
@Sandipan.mch, Thanks
capsule91
@bdu, anytime, dont mention.
More