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May 08, 2015, 11:08:10 PM

I'm not a TA cultist so I tend to to take most TA with a grain of salt but this jumped out at me.



Doesn't this look like a classic flagpole and pennant? Isn't that supposed to be bullish?
Hm, wouldn't all sudden, sharp, upward spikes look like that? Not sure..

Also, BFX shorts approaching 23k. Cant say they didnt deserve to be burned... Thats from a peak of 31k just a bit over a day ago.

However there's tons of cheap shorts available again (10k) and building. That will probably be taken upon the first sign of a dump..

He drew random lines to a pennant shape. On a 15m chart.

Anyway, cheap shorts are looking good