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SRNOSTRADAMUS
1 Th03 2018 20:51

This Is A Beautiful Butterfly Pattern . Back Home Giá xuống

Bitcoin / DollarBitfinex

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Like all the other patterns, these patterns also have a support and resistance line. My strategy for trading these patterns is the same as my trading strategy with the other patterns. I consider the rules, but I always wait for a breakout. This is what I have always emphasized on.

For example, although it is said that Butterfly and Bat patterns are reversal patterns, I do not go against the trend when I see that these patterns are formed at the top of an uptrend. I wait for the market to break below the support line and then I go short.

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We are right
Is running
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BrettduPreez
Bitcoin is unfortunately an extremely manipulated market. Don't think people want Bitcoin down. Looks like we are going up from here.
TonyCryptano
I'm with you!!!
BrettduPreez
So we should be long at this stage and only go short when it breaks below the red line?
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