I am totalling making up this term. It looks like a fish but lets see.
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Ok so actually this is not the first time BTC has done a fish pattern.. Last time it broke down.
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Sorry i pasted the wrong image. Here is the proper one that also marks the "eye" of the fish.
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Should have stuck with the first idea. Always stick with your first convinction. Second guessing is bad. Have a nice day.
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The squeeze happened. I dont think its a reversal. Still think the bear is here, so excercising due caution.
Trade closed: target reached:
Heres the new idea