Skip to main content

BAC bull trap may be starting to form

First mention: BAC weekly chart possible bull trap formation for NYSE:BAC by holeyprofit — TradingView

https://preview.redd.it/rdu0w6qb87581.png?width=1670&format=png&auto=webp&s=4eb8f121f5176346a010074043b27afc01f3a099

This post was made as we headed into the 161 of the last big drop. We have various weekly chart candle reactions on this price level now.

https://preview.redd.it/5j5xn1xi87581.png?width=1920&format=png&auto=webp&s=9d748428e1a48d2f6437cb64e9982047af05f0eb

Zooming in close we have the same sort of butterfly head-fake formation we tracked on BTC for weeks before the current hard down move in BTC started.

https://preview.redd.it/xa81dhiq87581.png?width=1920&format=png&auto=webp&s=841f9ccb4b2b6b54b098ff7ef07f80327d9789bf

As shown in the first posting, all of this is happening in around the critical retracement fib levels we're seeing a lot of tops being made in retracements.

https://preview.redd.it/6v9jmy8z87581.png?width=1679&format=png&auto=webp&s=8e2aa75f88be1c4cc775e0a7c613ddbf44f5dc68



via reddit https://ift.tt/3pN8TPv

Comments

Popular posts from this blog