I wouldn't personally short this pattern based on what BTC just did after one !
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Use a trendline stop to maximise profit.. buy on the short term overshoot phase for maximum profit but highest risk..Note
I'm making this up as I go along..don't be a fool and follow me blindly please.. do your own research.
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A cat or a rat ? something just bit the bulls' backside.. or was it the bears' ??Lets find out !!
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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.