Next target = 7900 and then up or prepair for another drop
Note
At 2014-11-12 bitcoin goes up with help of an H&S like what happened at 2017-07-17Look what happened after that down down down ...
Right now we're still following 2014 pattern almost exactly
Look at this head and shoulders and compare it with the H&S we had 10 days ago
Note
The fact that it took too long to reach c point make this trade invalid as a bullish patternTrade closed: target reached
Reached D point (but the pattern wasn't valid)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.