The REAL head and Shouders $INDEX:BTCUSD

5th Leg extension, on the escalator ..... going up BTCUSD

Komen:

Komen:

a long term potential to keep in mind

Komen:

Komen:

Komen:

watch for cross on the MA's which should get us a higher high , higher low and begin our upside, I will be taking a position ( Long ) from established support

Komen:

are we having fun yet, this is going to be my trade of the year when I short the top, feels good making money

Komen:

Komen:

macro , i posted above, but that monthly candle will be 5th Leg 5th gear

Komen:

Komen:

6 days to cook to 80 and then ppl will expect 3 drives bull candle which should pop us up to 103

Komen:

weve exited the rising wedge on the downside but found the historic recent support zone. this may allow us our higher low that we've been looking for, we had a higher high oscillation

This could be a reversal of downtrend and indecision opening up 81k and above

I believe if we can track a higher high on movement that we may say a volume pump driving price increase

I would be interested in hearing anyone elses thoughts in the comments

Komen:

Komen:

we failed to make higher highs so instead we managed to bearishly exit the pennant making lower lows , lower highs . breaking support and creating a pennant pattern as well as falling outside the Bullish momentum

Potential Corrective wave but may not be able to flip resistance to support, Volume is low and there is a current hesitation in the market which may indicate the need to revisit a zone below current levels, We will wait to see what happens upon break of the pennant pattern