Topic: major breakout imminent! - page 3. (Read 9287 times)
Just another triangle ahead ) Total geometry lessons...
No back breaking allowed!! You big bully!
its looking rather bearish right now 
I agree. I think we're going to break back into the $4s in the next week or so and stay there for a while again.
its looking rather bearish right now
I'm more comfortable with a relatively slow and steady rise. Maybe the market has learned not to like strong breakouts since they tend to be followed by sharp corrections. For the time being, anyway...
No promises! 
That's important because there have been quite a few of these mystical "bull" triangles in the past months.
Haha, I'm still waiting for my "bermuda" triangle.
its looking rather bearish right now
No... anyone who was blindsided by that needs to learn to trade.
your arrogance is unbecoming of a trader.
Ok... if you missed it you need to zoom out and quit looking at only the 5 day chart. Is that better?
No... anyone who was blindsided by that needs to learn to trade.
your arrogance is unbecoming of a trader.
... Bitcoinica short...
Ouch!
We just might see $6 before we're done with this rise. G/L
Well I was totally wrong about my "double-top". I still think we will return below $5 like we keep doing over and over. Good thing I hedge now, my Bitcoinica short is starting to look nasty 
Still above $5. Above 5.1 even. 
I'm surprised, I'll give you that. I still don't think there's enough interested and serious money to push through the 2012 high.
That may be the case. But, damn there is a lot of money in bids right now. More so than I've seen in a while.
I don't think even twice that amount would be enough to push through (I mean realistically, not in a single unlikely buy).
Still above $5. Above 5.1 even.
I'm surprised, I'll give you that. I still don't think there's enough interested and serious money to push through the 2012 high.
That may be the case. But, damn there is a lot of money in bids right now. More so than I've seen in a while.
Still above $5. Above 5.1 even.
I'm surprised, I'll give you that. I still don't think there's enough interested and serious money to push through the 2012 high.
Still above $5. Above 5.1 even.
No promises!
That's important because there have been quite a few of these mystical "bull" triangles in the past months.
No promises!
in my mediocre interpretation, this is a bull triangle forming, once it plays out, it should go up..
Thank you man!
in my mediocre interpretation, this is a bull triangle forming, once it plays out, it should go up..
I know. It's staying above $5 for longer than it usually does. Although it *is* doing a sort of "double-top". I don't know if double-top is an accepted charting term, but imagine the opposite of when everyone says double-bottom.
http://www.financial-spread-betting.com/course/triangles-charting.html
Care to explain to non-trianglelingulars? Or a hint maybe? Much appreciated.
I know. It's staying above $5 for longer than it usually does. Although it *is* doing a sort of "double-top". I don't know if double-top is an accepted charting term, but imagine the opposite of when everyone says double-bottom.
http://www.financial-spread-betting.com/course/triangles-charting.html
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