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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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