zippy1day

XBT Twin Long Legged Doji

Corto
KRAKEN:BTCUSD   Bitcoin
3
I think this pattern(highlighted by a circle) caused the start of the downward trend due to buying exhaustion. The Doji in a pair showing market being undecided and subsequently crashed down dramatically. Whether or not this downward trend continues is still being fought over! I also have this as the peak of an Elliott Impulse Wave and so would expect an ABC corrective phase?

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