The pattern is not confirmed yet, although the form of the may monthly candle gives me a clue the price of US oil might go upwards. Again a change with low potential risk and higher potential reward, which is the major cause I am looking at while trading. I dont believe I am the only person seeying this potential pattern, it is so obvious, publishing it anyway :)
The 25 of may I saw a turnaround candlestick on day to day basis. It says to me there is a low risk opportunity to short the bitcoin. Ofcourse I also cannot look into the future, however when I find a change the risk has to be managable and the potential profit has to be multiple times the potential risk.
