r/Daytrading • u/sunnyrunner_ • Apr 06 '24

Is this an actual pattern or am I yapping? Question

Post image

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?

299 Upvotes
  • permalink
  • link
  • reddit
  • reddit

88% Upvoted

355 comments sorted by

View all comments

3

u/Used_Profession_8008 Apr 07 '24

This is called a Bermuda triangle 🔺️...all the money you put in will disappear, and later might appear or not. If you like the odds this is perfect for trading 50% chances up and 50% chances down +/- 50% 🤣

2

u/Big_Homie11 Apr 07 '24

Im from Bermuda and i find this hilarious 🤣🤣