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CRYPTOTRADER_101

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abc abccorrection bitcoin btcusd chartpattern hands head invertedheadandshoulders trendanalysis waveanalysis Less Tags Show All Tags
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Inverted H&S with an Impulsive 5 wave Elliott wave
BTCUSD, 240 Long
BTCUSD: Inverted H&S with an Impulsive 5 wave Elliott wave
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Here i see an inverted H&S pattern with a impulsive 5 wave Elliott wave completing the head, and an ABC correction starting the right shoulder. I Believe this ABC will once completed, cause a wave 1 completing the right shoulder, wave 2 will be short lived with completion of the H&S pattern which will then be the wave 3 of the next 5 wave impulsive Elliott Pattern.
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