Rule72

What Fits in a Rectangle

Rule72 Updated   
COINBASE:BTCUSD   Bitcoin
Recap is simply a meeting of Green Target 1 and a failure that did not have the momentum to carry to Red 1. Blindfolded that obviously means there is still a pattern formation in progress. The clustering of levels has boxed price in and trading within it needs you to stay on your toes. The rectangle drawn on the chart is a result of looking at the triangle forming and what Money Man thinks is logically allowing for still more patterning to come out of it, but still be within bounds of “space patterning”. Space patterning? Space Patterning (a term that he would like to patent 😉) are those patterns visible form space that catches everybody’s eye and results in serious bailing in or out by speculators.

Conclusion: Minor changes to levels have been made and it seems clear that caution within the box is advisable. Remember that there are no guarantees, only probabilities. Very Important to Me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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