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TiranTrading

BTC inverse Head and Shoulder in play!

Long
Bitcoin (BITSTAMP:BTCUSD)  
TiranTrading  
BITSTAMP:BTCUSD   Bitcoin
Head and Shoulders Chart Patterns
12
0
headandshoulders chartpattern
Hello guys, It seems like Bitcoin was forming an inverse head and shoulder pattern and it is breaking the neckline right now. The target of this head and shoulder is at 64k which is measured by the height the pattern, It is expected from bitcoin to move this much from the neckline. I entered a long position with a stop loss at previous low at 56.5.
**Not a financial advice, DYOR**
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