Reversal Trending Incoming?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This is what I see, a "Rectangular Top" which would indicate a reversal in the trend. This would make sense as we powered through to almost 11k extremely quickly BUT we all see what we want to see. Wait for the confirmation before acting. Good luck to you all.
Comment: Well we got faked out on a long which I didnt take the bait as I was already setup for a short which has materialized. The chart below shows potential sell opportunities in the yellow squares.

I agree! Thanks for sharing.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out