BitcoinLong
Bitcoin Inverse Head & Shoulders Update
Most would consider this a busted pattern, but if you applied Bulkowski's formulae you would see it made his target if not the absolute as shown before!
thepatternsite.com/hsb.html
B + ((NL – HL) * 71%)
B = Break of neckline
NL = Neckline
HL = Head Low
71% = Percentage meeting price target
thepatternsite.com/hsb.html
B + ((NL – HL) * 71%)
B = Break of neckline
NL = Neckline
HL = Head Low
71% = Percentage meeting price target
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.