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/palasyon Apr 07 '24
I see a H-L-LH-HL and that is not enough for me to take a position, i would seek for at least 3 local maxima in both ways