Bitcoin Technical Analysis: September 11, 2015 (Inverted Head And Shoulders Pattern)

Entry:Buy long XBTU15(BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 239-240 USD with a spot stop limit of 236 USD.Exit:Close XBTU15 long position at 255-260 USD; consider reducing the position by 40%-60% by taking profit at 250 USD.Video Analysis:https://youtu.be/9w-jyEpjAiU

WRITTEN BY

Arthur Hayes

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