Speiros

The Kangaroo - An Australian Analytical Pattern

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BITSTAMP:BTCUSD   Bitcoin
This image is of a kangaroo pattern. Just like a kangaroo in the top paddock, you will find many bulls associating with this pattern, as they are both fond of the top paddock.

When you see a kangaroo pattern, you can be sure that the price will race up as the kangaroo is ready to take another bound.

The paws sometimes rest on the 0.618, but they are known to hang lower. After the head is made, it is common for a dip to the arms or paw height on occasion, as the kangaroo gets a hold of the back of the next kangaroo and works its way up.

The kangaroo pattern was first discovered by Speiros in 2019, and put on display in 2021.

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