oofd

BTC Inverse Head and Shoulders 1:6 R:R 🚀

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oofd Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
BTC just broke out of what it seems to be an inverse head and shoulder pattern + a mini cup and handle in the right shoulder - bullish?!

We wanna see it close above the neckline on the 4H to make sure it's not a fake out.

Entries (green arrow)
1. fomo here (small position only)
2. safer entry (retest of neckline breakout): $38700

Target 1: $42k
Target 2: $48k

Stop loss:
buy and sit on your hands or < $37k

Have fun!
Kommentera:
BTC retest confirmed! Hope you guys got in on the diiiiip. Looking good so far.
Handel aktiv:
Trade still going btc $45k 😎
Trade stÀngt: mÄlet nÄtt:
Well this worked out nicely. Watching closely for the next one.
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