Note the Pinbar the doji and the 8 on the candle
Note the Pinbar the doji and the 8 on the candle
Comment:
My interpretation is after the 8 is a 9 which is usually a change in the direction and a 1 to 4 candle pullback ( this is using the 45 min candle ) .
The Pinbar usually reverses the direction and the doji continues the movement .
My interpretation is this means is BTC can drop close to the bottom of the channel at 8900 then move back up . It will not be a fast move and will happen slowly.
This is just my interpretation and of course nothing can happen and BTC just continues upwards
The Pinbar usually reverses the direction and the doji continues the movement .
My interpretation is this means is BTC can drop close to the bottom of the channel at 8900 then move back up . It will not be a fast move and will happen slowly.
This is just my interpretation and of course nothing can happen and BTC just continues upwards
Comment:
There it goes - should stop around 8900 depended in your exchange
Comment:
There are two stops one a 9120 and the other at around 8900
Trade closed manually:
closing out
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