Patterns are going mad! unpredictable moves under way!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
We have bearish MACD on the 2h chart, retracement downtrend has begun. However an impossible patterns succession happened, and I think it still continues.
First, we 've had a morning star under the $7912 resistance/support level, pushing us up towards $8000; then immediately an evening star formed, which should have meant a trend changement - going downtrend again. Yet, against the evening star pattern, immediately at the next candle, we went up pushing the $8190 resistance level again!

Fluctuations are big, but not related to shorts and longs liquidations; on the BTCUSDSHORTS 2h chart, shorts touched a bottom at 23600 and now have a slow uptrend, while longs on the BTCUSDLONGS chart have a clear uptrend inside the flag pattern , like they should explode down in any minute.

Someone is playing with big money and any pattern or wave invalidation seems possible right now. Maybe related to recent events in Syria? Should anybody go long in such situation? hard to say!
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