Bitcoin Bear Needs a Break

After roughly 30% down, Bitcoin has formed a multi-day disjointed angle and a rough formation of an Inverse head and shoulders pattern. Thus creating excellent trading opportunity for those sitting on the sidelines.

I apologize for the delay, at the time of this publication BTC was Testing Entry 1 displayed above.
We may get lucky enough to test again, or possibly Entry 2 a little further down. The trade setup is as follows:

The trade:

• Entry 1: 10255
  
• Entry 2: 9931
  
• Target 1: 11450
  
• Target 2: 12490
  
• Stop/Loss: 9200
  

I hope you all found this publication interesting and maybe even a little helpful.

I wish you all the best of luck!