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basilabuto

BTCUSD SHORT OPPORTUNITY

Short
Bitcoin (BITSTAMP:BTCUSD)  
basilabuto Updated   
BITSTAMP:BTCUSD   Bitcoin
6
2
Potential Bearish Flag. Likely to test the 38.2% Fibonacci Retracement.
Comment:
snapshot

An alternative way to look at it would be in the form of a h&s reversal pattern that is in the process of completion as shown above.
Comment:
snapshot

Successful test of the 38.2% Fibonacci Retracement.
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