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cheema113
Apr 14, 2018 1:03 PM

Head and Shoulder Pattern on hourly timeframe Short

Ethereum / DollarBitfinex

Description

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.
Comments
CB58
Massive sell off already happened From January until late March . Keep studying.
cheema113
@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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