paulflint

Repeating patterns again.

BITFINEX:BTCUSD   Bitcoin
Sorry I didn't post this at the beginning of the week.
I have been on mobile all week and trying to use the Trading View site on a Samsung Galaxy S8 with fat fingers proved almost impossible.
I have been told their is an app so will have to try it.

This was shared in the BitMEX trollbox as the week went on and proved to be pretty accurate.
The pattern was taken from 5th June to the 10th June as a complete block and size adjusted a little.
I have posted on repeating patterns previously.
I have not found a pattern in the length and price movement of each part of the pattern.
Perhaps there isn't one, but the patterns definitely repeat. My thought is that this is due to the algorithm used by the exchange bots and welcome any information or opinions on this topic.

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