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N4G
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Bearish
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A retailer sees this pattern and thinks “perfect long setup” and he doesnt wait for a candle confirmation and junps in a trade that will end up with his tears running on his cheeks.
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#N4G
#ChartWhisperer
#decipheringyourchart
#learnpriceaction
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I think now is a good time to have this coin. But dont hold for long. #Mubarak Not a financial advice. #N4G
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Posted on April 10, #Mubarak is 19% up. and the chart looks fundamentally good. #N4G
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Hedge funds doesn't care what a company does, they care what their stock price does. They use math and models to find assets that move together, when one drifts away from the other, they bet the gap will soon close. One dips slightly, too slightly to justify a fundamental reason, the fund buys the cheap one, and shorts the expensive one and take profit when they re-align. It's all about pattern recognition. #N4G
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Here you go.
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But don't be fooled by it, Markets might just head back down. Just be careful.
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