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GeorgeSaber

Bitcoin CHOP! "Bear trap" or "Bull trap"?

CFDs on Gold (US$ / OZ) (TVC:GOLD)  
GeorgeSaber  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns TRAP bulltrap beartrap Gold Silver Bitcoin (Cryptocurrency)
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trendanalysis chartpattern trap bulltrap beartrap gold silver bitcoin
$XBTUSD, $BTCUSD: A failed pennant

Observing the $SILVER and $GOLD chart we can see similar chop, and violent shakeouts to our phantom fib level.

In my opinion, I don't think the run is over.
I do believe that if BTC regains the pennant territory, we could chop out some more before a swift leg up.

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