Very clear inverted head and shoulder about to break neckline

OKCOIN:BTCUSD   Bitcoin / U.S. Dollar
Head and shoulder pattern breaking neckline at 240 USD. stop loss at 236, target at 250 for a 2:1 risk return ratio. Even better target at 255 USD, but might take longer to happen
I think you missed the fact that there was no previous defined downtrend, it looked more sideways to me.
Nice Analysis!
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