BTC - 17 July 2019 - Parabolic Rise Has Finished - For a while?
The basic ideas behind Parabolic Arc patterns:
Pattern is easy to spot but difficult to trade with excessive volatility.
Most Patterns retrace to 62–78% of its rise. 50% retracement is first target.
Do not overstay in your trades
Stay away from “Parabolic Arc” patterns buying (after retracements) as you truly never
know where/when it will start reversing.
Do not expect the price to return to Parabolic Arc highs for a very long time.
blog.stocktwits.com/the-parabolic-arc-pattern-or-how-to-profit-from-euphoria-and-bubbles-a732cc750c2b
Pattern is easy to spot but difficult to trade with excessive volatility.
Most Patterns retrace to 62–78% of its rise. 50% retracement is first target.
Do not overstay in your trades
Stay away from “Parabolic Arc” patterns buying (after retracements) as you truly never
know where/when it will start reversing.
Do not expect the price to return to Parabolic Arc highs for a very long time.
blog.stocktwits.com/the-parabolic-arc-pattern-or-how-to-profit-from-euphoria-and-bubbles-a732cc750c2b
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.