I usually use real bodies of candles for trend lines but in this instance it has to be wicks for this pattern.
Clear lower highs and horizontal base of support as the range tightens and we wait for a clear break by this afternoon.
Look for the BTC break of the 4 hour equilibrium to dictate the LTC break of this pattern.
Bears have the upper hand and it is up to the bulls to prove they can break the hourly lower highs.
Clear lower highs and horizontal base of support as the range tightens and we wait for a clear break by this afternoon.
Look for the BTC break of the 4 hour equilibrium to dictate the LTC break of this pattern.
Bears have the upper hand and it is up to the bulls to prove they can break the hourly lower highs.
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Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.