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jblinco92
Sep 8, 2017 3:26 AM

BTC Head & Shoulders Complete Long

Bitcoin / U.S. dollarBitstamp

Description

Head and Shoulders confirmed by 4hr close above neckline. Good sign correction is over and uptrend to continue. Battle with local fib levels until re-test of ATH and log mega-resistance. Express line to the moon if this is broken.
Comments
SecludedJ
I don't believe this is accurate. In order to be a head and shoulder pattern it has to blast through the neckline with the right shoulder. If anything, this looks more like a rejection at the neck line.
jblinco92
@SecludedJ, Yeah you're probably right. This next 4hr candle should determine actually.
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