The dreaded Tie Fighter pattern: BBand Harbinger of Doom

Spotted the first bearish Tie Fighter pattern on the 30m Bollinger prior to the real bloodbath commencing. I am devastated to see its return so soon, and when we need a bounce so badly. Can the market defeat this returning enemy or are we rekt yet again?

Komentar:

Though I just now noticed the previous Tie Fighter is marked by higher volume on the initial strike down than the reversale to complete the pattern. This latest is the inverse, less volume on the sell off and strong volume buying up the second wing.

Weigh in!

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