Bitcoin Longs vs Shorts Ratio is at the perfected 9

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Bitcoin Longs vs Shorts Ratio is at the perfected 9 and Historically there was always a Drop short after. We'll soon see how it plays out.
You da man, and this time it worked out nearly perfectly
Please enlighten me what a perfected 9 is?

+2 Reply
FateTrader bobchen29
@bobchen29, TD sequential system
@FateTrader, Bro what's the point of showing this idea if we have no god damn clue what a perfected 9 is or a "TD sequential system" what is TD????
+2 Reply
losingup WhaleWatchersTrading
@WhaleWatchersTrading, Yea. No real clue other than going contrary to the trend seems to be the way to go according to this graph.
FateTrader WhaleWatchersTrading
@WhaleWatchersTrading, It's Tom DeMarks trading indicator, used on wall street, it counts from 1-9 candles after a price flip if you want to know more there are free versions of it on tradingview with explanations.

Basically perfected 9 is a reversal signal, not always but in certain conditions, and if you look at my white ratio line it worked quite well, on previous occasions, that's why on this last one I was bearish against most the people who were overly bullish. There were not enough shorts to be squeezed for the price to go up "the mechanical - bot way" normal people driving the price up is a bit out of the question, there aren't many interested at the moment.
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