No. No volume increase neither at shoulders nor at the head.
Crypto-Fury
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@nestorador, Good point, and also: H&S patterns are trend reversal patterns & the way this one is moving is as a continuation pattern, which isn't what a H&S pattern is, regular or inverted. If the price had been dropping from lets say 40k into the left shoulder, then sure that'd fit the criteria but its not. The price is moving up from below the trendline in an up trend to the left shoulder. So that'd be 2 things that don't fit the textbook definition of what a H&S pattern is.
g0nzo
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@nestorador, true, i just dont trust the manipulation on weekends, low volume is easier moving for the makers. that said though i think this is just setting up a juicy, juicy short here, well shortly.. anticipating the fib circle band to be a great setup for one, will see
g0nzo
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@nestorador, one does not challenge the power of the fib
g0nzo
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highly suggest at least messing around with them in trading view. you can connect all kinds of different price points and come up with crazy little grids that will b l o w your mind the way it plays out. you can literally be creative and connect any price points in the price action you want: highs to highs, midpoints of fib pitchforks to highs, anything you want. i promise you will fall down a rabbit hole as i have lol. can send charts
g0nzo
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i just wanna come back to say this has aged nicely
fib circles bro