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UnknownUnicorn4304403
Jul 18, 2019 12:23 PM

Inverted Head and shoulders followed by traditional H&S (past) 

Bitcoin / DollarBitfinex

Description

I didnt pay much attention to these while they were forming but Im a sucker for looking at past formations and seeing if they play out like people expect formations like this to act. An Inverted H&S (H&S = Head and shoulders) caused the price to rise (which is what its supposed to do. The I H&S blazed the path for the rise we see directly after. The rise actually created a traditional H&S. a traditional Head and shoulders is bearish. So now we are seeing the results of the H&S. The dip. I figured I would share with you all and get some feedback. I know Im late to the game on this post. Have a good day!
Comments
monetae_anon
Haha - Are we going to see three H&S patterns? I think so! Good TA
UnknownUnicorn4304403
@olhcook, :)
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