DariusFxTrading

Bitcoin BIG SHORT - H&S, Trend, Supply - 3 Confirmation

Kort
BITSTAMP:BTCUSD   Bitcoin
Hello Traders!

Great opportunity for Bitcoin to short. We can see Bitcoin forming a Head and Shoulder Pattern in a Down Trend. Also there we have a weekly Supply Zone.

Confirmation:
#1 Down Trend
#2 Head and Shoulder
#3 Supply Zone (weekly)

What can we expect:
After a Price Action Confirmation we can expect a big drop. As possible Target we can see the weekly Demand Zone. But we could see it dropping even more. We have to decide that later when we got more market information. I will post then an update.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.

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