The first pullback after an trend-breaking downswing has been my favorite and most profitable pattern to short in FX, and BTC is showing a great example of this pattern in works. What makes this pattern so powerful is that lots of people are expecting the downswing to be just a correction and not a trend change. When the pullback breaks down it's time to enter short, as lots of people are panic selling, and good downside momentum often follows.
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