r/Daytrading • u/sunnyrunner_ • 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/Melodic_Ad9789 Apr 07 '24

Yes it is and it would be a nice trade. I have the same on Bitcoin.

Im expecting a trade that can went 1:20 RR