cheema113
Short

Head and Shoulder Pattern on hourly timeframe

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Last time i mentioned an inverse head and shoulders pattern for etherium which led to massive gains if your stop loss was in proper, this time i am seeing the opposite. This trend is also visible for bitcoin and litecoin aswell. Break of that neckline can lead to massive selloff.
Massive sell off already happened From January until late March . Keep studying.
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@CB58, who said the selloff has stopped? This head and shoulders is not on play anymore, but don`t forget we are still in a downtrend!
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