Last leg currently at resistance, however two other possible reversal areas are present to create an over extended W. Price will has a high probability of retracing at LEAST to the 38% level. Wait for LL/LH price action on 5min TF before entering.
Alternatively, you can add BTCUSDBollinger Bands and sell on the retest of the break.[symbol=
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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.