oldstout

Another classic HS ? :-)

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oldstout Uppdaterad   
OKCOIN:BTCCNY   None
Details at chart. Right shoulder and head are pretty similar.
Important moment probably incoming - test of trendline.
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Neckline around 2780cny, potential target if we'll go out of HS is 2700-2720cny.
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If we'll bounce off the neckline, new high is likely (2854cny+ and 2884cny is still major resistance/target) but slowly, with sideways and many chops.
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Perfect HS prediciton.
Looks like neckline + trendline is strong support for now:

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IF pattern from HS (new trendline in short+breakout) will repeat itself now, we should see something like this below. Btw. I don't see more than one more repeating this pattern co I think it will bounce from trendline and start new bullish run, maybe not so fast as at chart.
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