katarina2051

BTC WAWE SIMILARITY ON 4H TIMEFRAME

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I assume we are in a chart pattern called "W" chape pattern and I found and intresting similarity with the recent wawe IN THE 4 HOUR timeframe from the date of 16.06.2021 to 22.06.2021 highlighted with the ellipse.

I mirrored the candle moves on that down wawe and it is 95% similar to the up wawe!

It's just an interesting idea, les's see the outcome in the coming week.
Do not forget we are still in a bearish phase, people are scared to buy fakeouts expected and beartraps.

It's not financial advice.

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