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#shorts #tradingtips #bullishpattern
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#shorts #tradingtips #bullishpattern
Now, one of the most effective bullish patterns is actually always going to be a failed bearish pattern and so I Want to kind of go over that with K-a-l-a here from one of the earlier days of its run. So the first thing we're going to notice here is this: Wick at high day, what becomes High day like 965 and we get this ascending triangle only for it to fail and ultimately break down. Um, even perhaps getting a little bit of a head and shoulders pattern in here. Um, for any short that might want to get in this now we notice that breakdown happens.
We break down under the trend and we have this big wick here. this is looking really good for a short seller. However, we notice it holds every important meaningful low, especially this low rate of eight dollars and eventually curls halts up through high of day just every so slightly and that ends up going on to run roughly another. you know, 200, 150 to 200 percent.
Look for a failed bearish pattern or patterns that are still holding key levels for some of the most explosive potential runs.
Another great lesson Bryce thank you!..you are becoming a good teacher btw props to you πππ
I'm learning to trade long and these videos are very helpful. Thanks Bryce!
Appreciate you guys!
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