As you can see on the 4 hour BTC chart, price breaks the neckline of my previous post-- retests and falls back into the downward trend.
As shown on the chart, price is forming a bearish flag pattern, which if completed would more than complete my target for the double top created last week.
Only time will tell..
Until then
Happy Trading!
As shown on the chart, price is forming a bearish flag pattern, which if completed would more than complete my target for the double top created last week.
Only time will tell..
Until then
Happy Trading!
Note
Breakout confirmed.. Waiting for re-testNote
Prior support becomes resistance
Note
Enjoy the pipsTrade closed: target reached
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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.