Ethereum
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Parabilic Price Action: What happens next?

In this video I try to illustrate what happens following Parabolic Price Action (when price goes vertical up or down).

In this example I show the initial move up in BTC and then roll price forward to the most recent move up in BTC. Both vertical moves were followed my reversals.

Moral of the story is when price goes Parabolic (up or down) expect a correction.
Beyond Technical Analysisparabolic

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