Taking a short position on BTCUSD as the chart appears to have formed a bearish flag and is now currently in sideways movement.
If it breaks the support level, the projection of target will be based on the measurement from the HH to HL formed within the flag
If it breaks the support level, the projection of target will be based on the measurement from the HH to HL formed within the flag
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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.