DrDovetail

Potential bearish breakdown of bearflag..dropped to neckline

Corto
BITFINEX:BTCUSD   Bitcoin
We have tumbled to the neckline of the potential head and shoulders that magicpoopcan was warning everyone about. Many recent head and shouldrs and inverse ehad and shoulders have been fake outs but, considering an impending death cross is nearing this one may be legit...as you can see once it breaks under the enckline I'm going short with the intention of setting a stop loss a few pips above this so that if it tries to rebounc from here its not much of a loss. You choose your own aoth as this is not financial advice.
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