BitcoinSignal

Bitcoin / US Dollar

MTGOX:BTCUSD   Bitcoin
6
Candlestick Pattern - Falling 3 Method

We saw this pattern develop 1st - 5th Dec 2013. It looks like we may be completing another one. This reversal pattern shows that buyers still do not have enough conviction to reverse the trend and it is typically used by active traders as a signal to add to their short positions.

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