BTC, a disappointment on the horizon?
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
A Daily Mother Inside Bar formed on the 18th may. Trading has been occurring within that mother bar.
A false break up and down has already occurred.
Will history repeat?
One wonders now if today will see a new buy trap/false break up – (call it what you will but all examples of stop hunting) or will this be a clean break
that will bring some much needed respite to the bulls.
What do you think?
If you’ve seen my other ideas I’m still of the opinion one should be looking to go long from below 18K level.
