wersh123

BTCUSD is reminiscing past bullish engulfing candle

Long
BITFINEX:BTCUSD   Bitcoin
We can see that BTCUSD is repeating the past candles pattern. If the next current bullish engulfing candle went hammer candle, it will likely repeat its pattern
combined with the inverted head and shoulders. Weekly candle has strong impact on overall price movement.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.