mycotoxin

Could this be a giant head and shoulders bulltrap ?

BITTREX:BTCUSDT   Bitcoin / Tether
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Could this be a giant head and shoulders bulltrap ? The left shoulder will have to break up to prove otherwise .
Comment: The head and shoulder drop distance is suspicious close to that lower resistance at 6387. Proceed with caution
Comment: In English ...the drop distance for a head and shoulders is measured as " A". But this distance is exactly the same distance from the neck to the bottom resistance at 6387 which looks suspicious to me.
Dear Myco, what does "suspicious" mean here?
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mycotoxin asdfghghj
@asdfghghj, by suspicious i mean it could be a bull trap / if you look at the graph below . Line B on the right angle triangle should move to 9327 and not dowwards

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mycotoxin RodrigoGarreton
@RodrigoGarreton, good stuff, That left shoulder has to break up to prove otherwise.
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