Ghost Bars Say Fakeouts Maybe On The Way
The most recent time BTC printed a megaphone pattern like this it took a while for it to break out cleanly, and only after a lot of stop runs and chop.
This might be OK for tiny scalping but for larger swing trades long I will be waiting for accumulation below 9000 at least for the next few days.
This might be OK for tiny scalping but for larger swing trades long I will be waiting for accumulation below 9000 at least for the next few days.
Komen:
No squeezes or double bottom just a dump out so not really looking for longs ATM
