JPINOVOWSKI

Clear Representation of The "weiner dog" formation.

Short
BITFINEX:BTCUSD   Bitcoin
When the weekly day traders do their job and a chart is looking nice as in this example.. the weekend comes... inevitably the "weiner dog formation"
appears early on a Saturday. Maybe from inexperienced traders dropping the ball in combination with heavy pockets taking advantage. It usually precedes an impending dump in favor of the bears. This patern can stop a good bull run in its tracks.
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.