BITSTAMP:XRPUSD   Ripple / U.S. Dollar
Hmmm...The Chekov formation that results in a downtrend as a result of a bollinger J hook Pattern.

There is not any correlation or study to verify this point....just found this interesting..

Happens on the Fibs too. Almost exactly-Either all traders are smart or heavy bots or algos are running this.

I set my buy at the next fib.
Comment: The use of the term Chekov Formation is made up in my head....do not try looking it up. LOL Spasibo
Comment: The Buy is set with a sell gain on a dead cat bounce @ $.20
Comment: I am very curious to see how this plays out!!!!
I am in @ .245
Reply
Right there with you. Money to be made on the way down.
+1 Reply
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