Topic: Bullish Trend supported by fully developed Head & Shoulders bottom - page 2. (Read 2696 times)
August 15, 2011, 12:54:21 PM
Matches my assessment also.
August 15, 2011, 12:52:43 PM
He's right. When an inverse one comes during a downtrend its bullish.
http://www.investopedia.com/university/charts/charts2.asp#axzz1V7ZTFuTu
http://www.investopedia.com/university/charts/charts2.asp#axzz1V7ZTFuTu
August 15, 2011, 12:46:28 PM
very professional thick coloured lines, not like a 5 year old kid that found the crayons at all 
August 15, 2011, 12:44:46 PM
Not sure if serious?
August 15, 2011, 12:41:18 PM
Hi folks,
Some of you may already have noticed, 2 days ago (as of August, 13th) a reversed Head & Shoulders bottom formation has developed. Here the chart (logarithmic):
As the chart reveals has the neckline been broken on August 13th and is remaining bullish. Compared with the first shoulder-bottom-to-the-head-length with the second shoulder-low, a target price of around 13,5 USD/BTC can be expected. Imperative: get on the bullrun!
Cheers,
Spekulatius
Some of you may already have noticed, 2 days ago (as of August, 13th) a reversed Head & Shoulders bottom formation has developed. Here the chart (logarithmic):
As the chart reveals has the neckline been broken on August 13th and is remaining bullish. Compared with the first shoulder-bottom-to-the-head-length with the second shoulder-low, a target price of around 13,5 USD/BTC can be expected. Imperative: get on the bullrun!
Cheers,
Spekulatius
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