Bitcoin Bear Flag

Bitcoin Bear Flag
BTC/USD COINBASE:BTCUSD
RSibayan

Watch Out!

Broken Red Rising Trend Line must hold support, else, the bears will have a feast!

If it holds breaking upwards from this falling wedge will be much sooner than later.
Here's the falling wedge pattern chart.



Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.

>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<

Ron (The Intrepid Trader)


Constructive and positive comments welcome.

NOTICE: TROLLS, NEGATIVE PEOPLE, LOSERS are NOT welcome in the trading community. People like you don't add value to the community, so GET OUT!