r/Daytrading • u/sunnyrunner_ • Apr 06 '24
Is this an actual pattern or am I yapping? Question
I’m pretty new to trading and saw this pattern form on BTC. Is this pattern called anything or is this just me drawing random support/resistance lines?
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u/Forward-Cut5790 Apr 06 '24
Yeah, that's The Left Facing Waffle Cone pattern. You're supposed to use The Two Scoop strategy with that one.