Bearish pullback patterns:
Tweezer Tops = 0.000
3BarPullback = 0 .236
3OutsideDown = 0.382
Tweezer Tosp/Top Fractal = 0.500
Forecast: What will happen, a bullish reversal in the demand zone (strong support) or a breakthrough?
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Tweezer Tops = 0.000
3BarPullback = 0 .236
3OutsideDown = 0.382
Tweezer Tosp/Top Fractal = 0.500
Forecast: What will happen, a bullish reversal in the demand zone (strong support) or a breakthrough?
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Note
Bitcoin price returned into down trend channel. Strong sell pushed it below the demand zone. I was able to catch the trend. Now I hope to make up for all the loss with my lost short position.Note
Bull trap is possible
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.