Pennant structure on Cardano
Updated
The last impulsive was to the up side which gives sign of a short time bull run view but the overall trend is bearish. Looking at the current market structure on 15 mins timeframe, we can see the pennant formation and expect a breakout in either direction. This is a neutral analysis.
Trade closed: target reached
We had our breakout to the up side and a retest before the swing!
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