DrDovetail

We have formed a lower high/lower low

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BITFINEX:BTCUSD   ビットコイン/米ドル
never a good sign when you see a lower high followed by a lower low but that's currently what we have...I assume we will see another bounce here before too long since we are nearing oversold territory on the 4hr rsi if we do odds are good that that bounce will only form one more addition lower high...if this is the case it will be time to exit the position until we see a pattern reversal.
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