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.
I can see a potential H&S pattern forming in bitcoin USD since 17/02/18? it seems to be forming its neckline on the 0.786 fib from the bottom low of 6,140 to the high of 11,664.
