@rogersbigfan83 @Sheldon_Sniper can you show us in a chart how do you constitute that as a bear flag with only 2 contact points at higher levels and a breakout to the upside from the smaller ones?
News flash: Today's economic data stunk ...
* #GDP comes in at -0.9%, well below +0.5% forecast
* Initial jobless claims come in at 256,000, topping 253,000 forecast (upward revision to last week's number as well)
* PCE +7.1% QOQ in GDP report, topping 6.1% expectation
How pivotal is today's #FederalReserve decision? If the statement causes a break of the neck-line of the head and shoulder pattern, it may signal the 10 year yield going back to 2.05%. That has epic implications for what the economy will be going through... #TechnicalAnalysis
@kyledoops Ok this is the 2nd 911 Bearish Tweet that ended up being in a bullish channel or pennant. Your TA is great and very informative but these Bearish tweets really should have more depth to them. I sat the first one out but not this one. 8hrs later would have been in profit...
🟡 Suite à cette correction du jour, voici les 2 scénarios que je surveille :
- Le Bull Flag se confirme et permet l'impulsion vers les 27k$ la semaine prochaine (objectif du triangle h4 aussi)
- Cassure du support, réintégration du nuage et retour sous 20k
Votre avis ? #Bitcoin