After a hard downtrent a head and shoulders patter has been formed. The neckline has also already tested. It is expected to have an increating on the price equal to the length from the botton head and the neckline.
After a hard downtren a pattern SHS on the timeframe of 1 hour has been created. The price has already bounced on the neckline finding support which is something that confirm the pattern. It is expected that with this patter a trend reversal happens. At least the price will raise up the same amount of price between the head and the neckline.