gordengekko1

gordengekko1

1. Symmetrical Triangle formed. 2. Weak follow thru formed bearish up slanting channel 3. Break through parallel bearish up slanting channel 4. Powerful upside due to shorts liquidated

gordengekko1

BTC started forming a symmetrical triangle week later, bullish symmetrical triangle formed a up slanting parallel channel (bearish) Bears are licking their chops thinking a juicy retracement is in play. What happen next is what this note is about. We punch thru upper channel line, fall back in, seemly perfect opportunity to short. Then We are using upper channel...