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RE: This Weird Pattern Has Repeated for 100 Years on Stock Markets

in #bitcoin7 years ago

You have your analysis all wrong - sure gaps are meant to be filled but when they get filled the market will decide and just because the gap in question gets filled doesnt mean it will break up. And on bitcoin, your just guessing if it breaks out and "Simon " is also guessing.. that level is resistance so either it breaks out or it fails.. let the market decide. The best TA traders dont gamble on those calls they wait for much clearer signals.