bitmex bearflag still valid but may act as descending triangle

24 Kas 2018

On bitmex the original bear flag with the descending triangle pennant is still valid but the descending triangle of it is getting larger and larger and will soon be too long to be a bear flag and will likely act as just a descending triangle instead. If we break down from it it is more likely that we only drop the length of the triangle than it is that we would drop the length of the pole. Let's keep in mind falling wedge and and inverted head and shoulders are still in play on the bullish perspective so its anyones guess what out of all of them will trigger and confirm most valid.

24 Kas 2018

Not

here is a look at it with the inverted head and shoulders factored in: s3.amazonaws.com/tradingview/snapshots/b/BXkzw4Hk.png

24 Kas 2018

Not

sorry wrong one...this is the right one: s3.amazonaws.com/tradingview/snapshots/v/VRcfvzPI.png