Re: BARR Pattern - Best performing chart pattern according to Bulkowski Stats
@OP thanks for a great expalanation of this pattern.
I know its way to soon to call it now, but if bitcoin is about to reverse right here we can see exacly this scenario with a price target @new high of current uptrend:
(BTCUSDT D1 – Bump and Run Reversal Bottom Pattern (BARR))
red - height of the bump
green - run phase
We even hade same faked breakout in Lead Phase.
I know its way to soon to call it now, but if bitcoin is about to reverse right here we can see exacly this scenario with a price target @new high of current uptrend:
(BTCUSDT D1 – Bump and Run Reversal Bottom Pattern (BARR))
red - height of the bump
green - run phase
We even hade same faked breakout in Lead Phase.