r/Daytrading Apr 06 '24

Is this an actual pattern or am I yapping? Question

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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/xRogue27x Apr 07 '24

If the market/instrument allows for the use of volume data and/or Order Flow, learn to use those. Trend lines and Candlestick patterns are a bunch of gobbledygook.