traderofoptions

3 Line Strike Bitcoin Bear Signal

Corto
traderofoptions Actualizado   
BITSTAMP:BTCUSD   Bitcoin
This is said to be a bullish continuation, however in my experience, and as reported by Thomas Bukowski, this pattern is a bearish reversal pattern a statistically significant amount of the time. I called this exact same pattern on bond futures and it made a bearish move of nearly 10%. I'm looking for similar results here with a target of approximately 9000 where volume is low at that price level, a natural area of support.
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