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HIGH probability signal on Lorbeer pattern => 26% potential
Bitcoin
Short
HIGH probability signal on Lorbeer pattern => 26% potential
By LorbeerInv
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Jun 4, 2017
4
Jun 4, 2017
First target with a +60% chance of profit on a 382 retracement, of the total size of the pattern which provides a 9.5% profit
If price comes back to the signal level another 50% chance of profit on a secondary target provides 16%
!!! My tip: Statisitcs show that if price retraces right away to a 50% then it will most probably continue to higher highs (vice versa if D was a low)
advanced
highprobability
lorbeerpattern
patterntrading
resistence
trendtrading
LorbeerInv
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Related publications
LorbeerPattern in @Resistance
by LorbeerInv
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