BTCUSD Sell+ A new powerful method
Hello traders!
I was strongly bearish when the market was at the bottom but it pumped really hard and as we know it happened because there was news in favor of Bitcoin. The two biggest companies in the world are now accepting bitcoin for trade.
Now does it look like it will pump hard?
If we pay close attention to the chart, we can see it's about to form 'M' pattern above the support level. The market is bearish whenever there is M pattern above the support level.
There are two shoulders of the M pattern and there are two different methods to trade the M pattern. In one case left shoulder is higher than the right and in that case market drops and breaks the bottom of the M pattern and after breaking the bottom it forms a bullish pattern. That bullish pattern pushes the market up to break the high of M pattern.
In the second case, the right shoulder is higher than the left shoulder, which is our current scenario.
In this case, the BTC will break the bottom of the M pattern but it will not turn back because after it breaks the bottom it will again form a bearish pattern which will push the price more downside. It will keep falling without looking back.
You will find this pattern in every timeframe. Once you understand this method there is no way to lose because it's one of those patterns whose accuracy is higher than 90%.
It's been a long time since my last post and it's because I was working on a new market killer method.
Upcoming trades will be more powerful than before so don't forget to follow and hit the like button for support.
I was strongly bearish when the market was at the bottom but it pumped really hard and as we know it happened because there was news in favor of Bitcoin. The two biggest companies in the world are now accepting bitcoin for trade.
Now does it look like it will pump hard?
If we pay close attention to the chart, we can see it's about to form 'M' pattern above the support level. The market is bearish whenever there is M pattern above the support level.
There are two shoulders of the M pattern and there are two different methods to trade the M pattern. In one case left shoulder is higher than the right and in that case market drops and breaks the bottom of the M pattern and after breaking the bottom it forms a bullish pattern. That bullish pattern pushes the market up to break the high of M pattern.
In the second case, the right shoulder is higher than the left shoulder, which is our current scenario.
In this case, the BTC will break the bottom of the M pattern but it will not turn back because after it breaks the bottom it will again form a bearish pattern which will push the price more downside. It will keep falling without looking back.
You will find this pattern in every timeframe. Once you understand this method there is no way to lose because it's one of those patterns whose accuracy is higher than 90%.
It's been a long time since my last post and it's because I was working on a new market killer method.
Upcoming trades will be more powerful than before so don't forget to follow and hit the like button for support.
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