Kerstin_Ohlsson

Your risk control on a messy Wednesday

Panjang
BITMEX:XBTUSD.P   Bitcoin
It was not a bad day and as far as we can see this morning, the 24th of July might be a decisive day for the whole coming story. A full scale break of a channel has been executed and with extension from the pivot $10.2K up until $10.8K area we are likely to enjoy a massive market weakness followed then by some sort of panics. For a fishy day Thursday I've got another present for you - a newly forming large H&S pattern with a head-neck height of 1900 dollars giving us the downside goal at the same $7.4K. Keep your own head up for today as we are painting a weak right shoulder, dear ladies and gentlemen!

Kerstin Ohlsson
Xena Exchange Swinger
Penafian

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