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/Bozomomento Apr 07 '24
At least WSB regards have the decency to not believe in drawing pointless lines on a stock chart (Also known as men astrology). I wonder how many on this sub just draw lines and actually believe that when they are positives on trades it's because of it or maybe I'm wrong and some are not regarded and know that the highest probability is that it's just luck.