Failure of the bull flag x3
Three bull flags over the past few days have broken down creating what people are calling the Bart Simpson haircut. This seams like whales manipulating the price, crushing leverage positions to bring liquidations. The next time we have a bull flag don't expect it to act like a bull flag should but also don't expect the recent history of Bart Simpson haircuts to continue for as soon as the market shows you a new pattern it will take it away.
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