Here we have BTCUSD 1D chart.
Previously we had all these patterns in my last ideas for BTC here below:
we had an opportunity to watch many patterns of no matters or , but to be honest this rare to happens at this small time range with the same necklines to create a strong level that we had right now.
This area was very hard to not be broken even though we had a million that should reverse the price and make it dive deep.
In this idea I'm long as a humble vision cause these many patterns must lead us to ask what does this complex mean?
The answer will be everything is not straightforward, particularly in the trading world, and you won’t always get a perfect copybook pattern. One variation that you can find is called the ‘Complex Pattern’, and this is a more complicated version which includes extra parts. The extra parts include a double head or double shoulder – basically the trend is taking longer to turn from one direction to the other. This pattern has the same forecasting ability as the normal pattern, and you can run through the same principles to see why. This is not a very common occurrence.