bearish continuation keeps forming on bitcoin, 1hr bearish head and shoulders pattern by the AD. Purple line is AD, bulls need to defend bottom red line. simple trading. Money has its own pattern, and even these lines forming technical patterns . will cont. to short to 35k, then 15k bitcoin
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my trading style and strategy is unorthodox, why would I want to trade like 95% of the traders in the world. I trade between multiple time frames. What you see on the daily chart, and weekly chart has already happen on the smaller time frames. i.e. a head and shoulders on the daily, first occured on the 4hr, 2hr, 1hr, 30min time frames and etc. now if you follow the money through these time frames then bingo.. you're way ahead of the game...
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looking for this bear flag to continue to rise back up to the .382 fib level, and re-short Bitcoin near 59kNote
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.