Short

Bitcoin - Is this the completion of a Head and Shoulder

Updated

As is shown in the pattern , there is a LHS of a Head and Shoulders (H&S) pattern formed, Only time will tell if the RHS completes, or will we break out to the upside before the completion of the H&S pattern.
If that happens can we then confirm that we are in wave 3 of the Elliot wave pattern ?

What do you think ?

Note

The potential break out did not happen, the Head and Shoulder Pattern remains in play. Next target for me is €7400, completing hte neckline of the head and shoulder.

Note

it crashed through the neckline and kept going south

Note

this projection played out as it was guessed when created. The Head and Shoulder pattern was completed before it went on to create new All time Highs (ATH)

Closed

EndaKeane

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