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Benjamix
14 nov. 2017 12:44

Head and Shoulders Possible (??) Double (Tripple??) Top Bounces? 

Bitcoin / U.S. dollarBitstamp

Description

Just a call ahead of time.. Putting it out there.. Could keep attempting to break resistance / support trend but double bounce is a good indication of trend reversal.. Wait for a good volume on the breakout in either case.

Good Luck !!

Commentaire

Zoom in to 15 mins to see double bottom and descending triangle to be broken before testing whats looking to be tough resistance again...

Commentaire

Still zoomed in to 15 mins.. the triangle is shortening..

Commentaire

Break down through red, not good for a long, break up through green, not good for a short..

Commentaire

Missed the huge inverse head and shoulders reversal pattern staring me in the face

Commentaires
Benjamix
Watch out for these !!
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