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,


good job!
Great H&S catch.
MorningLight Bullandbeartrading
@Bullandbeartrading, Thank you!
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