Definition from http://www.profitf.com/articles/forex-ed...
I encourage anyone not familiar with the 222 pattern, walk yourself through the rules and identify how this chart fits tightly within the rules of the pattern.
It's setup for a bounce here. I'm taking off my entire position at T1, it's much higher of a probability trade and won't take as long to play out as T2.
Plus ..Market sentiment is slow changing .. market participants are learning to absorb the shock of an inevitable fall after a rally, while also learning to march onward and upward thereafter. We all know where crypto is headed in 2018, up!