Z-Trading

BTC needed to shake out all those stop losses

Long
Z-Trading Updated   
BITSTAMP:BTCUSD   Bitcoin
I was long from 7.2 but that nasty head and shoulders changed my mind. I previously suggested a stop at 6.4 but that's what the whales wanted, trading hands and forcing all the stops from 6.4-6.1. Everyone got their btc and now flying up from this resistance. It won't be a straight shot but it's looking grand.

This turned out to be an even more bullish scenario by breaking the 6.4 bottom creating a double bottom from the april low.
Trade active:
Perfect Adam and Eve at 6K, 6.4, 6.1. Downturn over

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.