zippy1day

BTC Busted Inverse Head and Shoulders

Long
zippy1day Updated   
BITSTAMP:BTCUSD   Bitcoin
Obviously you don't have to be a "Rocket Scientist" to see this pattern is now busted by the Rising Wedge!
According to Bulkowski we should retrace by the percentages shown in red with the first one in line with the target for the Rising Wedge of course no doubt bitcoin will try to bust that.... my only caveat to these levels would be deciding whether you believe like I do we are still in a BULL market or Bear?
thepatternsite.com/BustHSB.html
Comment:
*Ofc my bad on chart it is a Rising Wedge target!

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