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Hinnakk

Head 'n shoulders appearing with LTC daily !?

Litecoin (BITSTAMP:LTCUSD)  
Hinnakk  
BITSTAMP:LTCUSD   Litecoin
Trend Analysis Chart Patterns LTC head_and_shoulder change
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trendanalysis chartpattern ltc head_and_shoulder change
The latest candle hasn't finished yet to define the begin of the right shoulder.
Also I'm not sure if the Neckline may increase with the classical 'Head 'n Shoulders' Pattern.

Nonetheless, if 'Point A' gets crushed, I would be very careful. It could be the begin of a long term downtrend.
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