It’s very simple I’ve gone back as far as I can on my mobile zooming out on the 4hr and using the super trend indicator. The pattern is red-green-red-green-red-green-red-green etc.
If the pattern is to follow then being on the short side could be the way to go ???
On the weekly XBT chart on Bitmex I have circled some doji candles. I have circled the doji's at the end of a trend. As you can see after each doji there was a trend reversal, or if you don't wanna say trend reversal you can call it opposite direction for 1-2 weeks.
We have just formed what is appearing to be another doji candle at the end of a downward trend,...