Possible INVERSE Head & Shoulder
Updated
It looks like we could have an INVERSE Head & Shoulder in the making with the right shoulder taking shape as at time of writing
Trade active
Ok guys it looks like it might very well play out. Pls remember that the measured move of any head & shoulder variant has a 55% chance of playing out to the full, often a time it falls short off the targetTrade active
It's likeLY that the EIW move (30.2K) will play out as well but come Monday let the mkt show you which direction it want's to take, be it the 0.618 extension of our most recent dump (34.9k) or the 0.618 retracement (18.6K) from inception to the ATHTrade active
Target hit guys. Now wait for the mkt to show you where it's heading and one way of doing that is to see what BTC is doing. In just under 3hrs the 20 ema will pass over and ABOVE teh 50 EMA which means a possible increase in mkt price. My target for BTC is 11.3K
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