Since im still trying to get into patterns and TA i publish this as my first chart. Recognized this pattern for the last two legs down as an almost
perfect symmetry.
Regarding this chart, i guess there will be some more sideways before XBT dips down to 3200 with wicks down to 3160.
However i expect a pullback up when triggering the 200MA region around 3300-3320, since this will be major resistance on the way down.
perfect symmetry.
Regarding this chart, i guess there will be some more sideways before XBT dips down to 3200 with wicks down to 3160.
However i expect a pullback up when triggering the 200MA region around 3300-3320, since this will be major resistance on the way down.