ricomoney1212

Reversed head and shoulders btc 4h chart

Long
BITSTAMP:BTCUSD   Bitcoin
Hi guys, as you can see the reversed head and shoulders pattern is detected on the 4h btc chart. The target is at the resistance around 50.5k. Hopefully we break through in one go but there is still a possibility that we get rejected. So if you step in now at 48.8k and sell at 50.4k you still have a nice 3.2%. It isn't much, as I detected it at the end of the pattern. But profit is still profit!
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