I have recently been working on developing quantitative methods with which to trade. The BTCUSD chart has popped up with one of the reversal patterns that I have developed and studied. The chart shows the violation level and the odds of making it to all these respective levels BEFORE the red line above is hit.
Be aware that this pattern is off the 4H, I will be posting more ideas up as different timeframes present different directional setups.. as is the nature of a quantitative method, the idea is to exploit the edge by taking all setups. That being said, a potential bullish setup is forming on the 1H, I will be keeping track of that.
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