I don't think you need to be looking at 2014 charts to predict the future. There is a risk you see patterns in everything but I'd suggest more recent events are more valuable.
- Striking similarities in form, trajectory and (critically) market conditions.
Yesterday I witnessed a large sell volume appearing stalling the rise in price. My guess is that this was the Market Maker pulling back the Bulls a little to get the timing right. If so, I'd potentially consider this a bullish indicator but looks like they are struggling to break the localised down trend.
Best, HF
- Striking similarities in form, trajectory and (critically) market conditions.
Yesterday I witnessed a large sell volume appearing stalling the rise in price. My guess is that this was the Market Maker pulling back the Bulls a little to get the timing right. If so, I'd potentially consider this a bullish indicator but looks like they are struggling to break the localised down trend.
Best, HF
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FYI - novice
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looks like botje11 highlighted this yesterday ... I'm late to the party ;)
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360 points from target
Now within striking distance
Now within striking distance
