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Topic: Whats the turm for a large rise followed by a small fall? (Read 1747 times)

hero member
Activity: 588
Merit: 500
Yes, technically it's a retracement and usually it's a "bull flag" for slang.

If we look at the scale of these retracements on the way up or down it is when we can sometimes see the fibonacci sequence everyone loves to make fun of.
sr. member
Activity: 453
Merit: 250
I would expect the term retracement or 50% retracement to be used if one was was explaining what you describe.
hero member
Activity: 588
Merit: 500
It is called a "bear flag" or in the case of what we are seeing now a "bull flag".

http://www.chartpatterns.com/flagandpennantcharts.htm
hero member
Activity: 798
Merit: 1000
I often seem to see 'bubble' or 'crash' being used here!

Spot on - if price goes up, its a bubble; if it goes down, its a crash. Either way, its a trap. Quite simple really.

LMAO !
Best answer yet !
full member
Activity: 182
Merit: 100
"Correction" and "consolidation" are the two terms that are used.
hero member
Activity: 756
Merit: 1000
full member
Activity: 124
Merit: 100
At this point in a market sequence you will often hear the term Bear Trap thrown about, used to describe a small downward movement usually following a significant upswing.  Investors who have a negative market outlook (bears) decide the slight fall indicates the start of a larger downward trend, and sell the underlying asset accordingly, only for the upward trend to again resume, resulting in another phenomenon, massive financial loss, sometimes followed by 'butthurt'.

Whilst it is often used in the scenario you have described, the final reversal of the small dip is needed to complete the bear trap sequence, bets must be placed before the outcome is known, and so it goes that the bulls and bears will perpetually dispute whether a large rise followed by a small dip is a bear trap or the bursting of the bubble.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
This thread should be stuck, made an announcement.

It would be a better thread if there was not a typo in the freaking title, the correct term is term (a word indicating something), not turm (an archaic term for a group of horsemen, why doesn't your spellchecker tell you that is a bad word, nobody actually uses the term turm anymore?).
hero member
Activity: 1778
Merit: 504
WorkAsPro
This thread should be stuck, made an announcement.
full member
Activity: 185
Merit: 100
Stabilizing. (assuming lack of significant variance)
Small correction after a rally
profit taking.
bubble/crash are inappropriate terms for this. bubble implies crash is imminent, crash implies massive loss of value.

as others have stated (to the best of my knowledge)  there is not a specific term used to describe this.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
A large price rise followed by a small to medium fall in price, all occurring relatively quickly.

How would you describe this event? What terminology would you expect to be used?

"Time to buy"  Grin
legendary
Activity: 1904
Merit: 1002
Rally, correction.
newbie
Activity: 42
Merit: 0
I concur with the last, at last as far as I've seen over the last 10-15 years investing in the stock markets. Profit Taking if it is small enough, correction if a bit larger, and bubble burst if big. But those are all subjective descriptions. What one person considers a correction, another may consider a bubble bursting...

N
legendary
Activity: 1218
Merit: 1003
I would say the small fall would be called a correction, quite often after a consistent rise or fall analysts say they expect a correction.
It's also profit taking.
sr. member
Activity: 364
Merit: 250
I often seem to see 'bubble' or 'crash' being used here!

Bubble and crash would indicate a fall of grand scale.
People are overusing the words when speaking about Bitcoins.
hero member
Activity: 898
Merit: 1000
I often seem to see 'bubble' or 'crash' being used here!

Spot on - if price goes up, its a bubble; if it goes down, its a crash. Either way, its a trap. Quite simple really.
hero member
Activity: 1778
Merit: 504
WorkAsPro
It's more that thease immotive but misleading totally nuts turms are being used a lot at the moment.

You make a good point Jimbo.
legendary
Activity: 4032
Merit: 4536
You're never too old to think young.
Who cares what it's called? The insider jargon mostly relates to traditional stock market analysis and is pretty much meaningless in the new world of Bitcoin.

It reminds me of sailors who insist on saying "starboard, below, galley, and astern" instead of "right, downstairs, kitchen and backwards" or doctors and pharmacists using latin.  Smiley

Call it what you want.

If we're going to make up terms for things like this, what do we call a large purchase followed by a substantial bid at a price well above previous bids?
hero member
Activity: 1778
Merit: 504
WorkAsPro
I often seem to see 'bubble' or 'crash' being used here!
sr. member
Activity: 248
Merit: 251
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