BenevolentBadger

BTCUSD - 4HR iH&S

Short
BenevolentBadger Updated   
BITFINEX:BTCUSD   Bitcoin
Neckline confirmed for a potential inverse Head & Shoulders on the BTCUSD 4HR view. Daily also seem to be forming a iH&S, just needs to complete the trip from the head back to the neckline to make it valid. This could be the drive it needs to form the daily one successfully. Fun times :)
Trade closed: stop reached:
Okay so the 4HR inverted head and shoulders didn't plan out but itstill has the same impact on the overall iH&S in play on the daily, if anything, it has brought the plan forward by a few weeks :)
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