Btc- diamond reversal pattern
UPDATE
Hello guys pretty spicy price action (last 2 days) after fomc meeting. Makes me think about diamond reversal pattern. Definitly not the prettiest one.
Bearish target is abou 25300 but in case of reversal patterns it make a change trend for a mid term (keep part of the positine after hitting 25300) .
Take partial profits on the way down to 25300.
Gud luck guys.
Protect your capital!!
SL is key to be succesfull.
TP1: 26700
TP2: 26000
TP3: 25300 (major support)
Hello guys pretty spicy price action (last 2 days) after fomc meeting. Makes me think about diamond reversal pattern. Definitly not the prettiest one.
Bearish target is abou 25300 but in case of reversal patterns it make a change trend for a mid term (keep part of the positine after hitting 25300) .
Take partial profits on the way down to 25300.
Gud luck guys.
Protect your capital!!
SL is key to be succesfull.
TP1: 26700
TP2: 26000
TP3: 25300 (major support)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.