Quote from: uslfd on December 09, 2017, 11:14:05 PM

Quote from: baseke on December 09, 2017, 09:54:41 PM

Quote from: Soros Shorts on December 09, 2017, 03:16:41 PM

Quote from: Asefex on December 09, 2017, 02:54:32 PM

Глaвнoe знaeтe чтo? Чтoбы cвeчa нeдeльнaя нe ycпeлa cдyтьcя дo paзвopoтнoй shooting star. Toгдa вepoятнocть пpoдoлжeния бyдeт выcoкa.

The main thing you know what? That the candle of the week did not have time to be blown to the reversal shooting star. Then the probability of continuation will be high.

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I really didnt understand what he means. Anyone can explain ?

I guess he meant that the candle from 7th December could have formed into a shooting star (a reversal pattern) if that day truly marked the end of the current uptrend. But since that did not happen, then there is a strong probability that the current uptrend will continue and we will soon blow past the peak made in 7th Dec.

I think next 24-36 hours will be very crucial . Price under 13000 - 12 500 will give us one ugly shooting star on weekly time frame. Let's hope it wont happen.

Doesn't look like the market is going down to 13K anytime soon. It's consolidating around 14.5K - 15K

We can avoid shooting star if going to sub 12k Grin