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RE: Bitdeal (BDL) : Beer Mug Quadruple Triangle in Progress!

in #bitdeal7 years ago

While I agree with your overall analysis, you missed the J fractal at the crossover on the back of the Q. When it falls off of that apex, you get what is called the “Jackoff” formation. The Jackoff is a contrarian indicator of the opposite of the trend, which means...yep, you guessed it:

Up or down, for sure.