MorningLight
Short

Head and Shoulder Chart Pattern on BCH EUR

BITSTAMP:BCHEUR   Bitcoin Cash / Euro
Dear Reader,

As I was reading charts, I came across this head and shoulders pattern. This pattern is highly respected and valued among traders.
As addition to the Pattern the MACD is crossing the signal line, giving an indication of bearish momentum. The Price seems in an stable (as the RSI indicator shows)position and has room to move. I am excited to see if my prediction will be a successful one.

Warm regards,

Morning Light,

Comments

good job!
Reply
Great H&S catch.
Reply
MorningLight Bullandbeartrading
@Bullandbeartrading, Thank you!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out