BTCUSD TRIANGLE re-test??
Updated
BTC was situated into a triangle with a buy pressurse from bulls slide but they topped at 4045$+. Bears was keep this momentum and made a breakdown from this triangle and now is sitting into a big support at 4h timeframe
Macd is below neutral zone-0- with a huge bearcross, RSI it s oversold and Stochastic also.About VPVR between 3771 and 3879 is a lot of resistance and a breakdown below this 3779$ will take us to 3453$
From here i m expecting a re-test of this triangle around 3876-3920$ and after probably will break down IF bulls will don t step in. From this chart very simple is to make a bearflag with triangle re-test and after make a breakdown.We will see how will play out.At the moment i m only watch market
Trade closed: target reached
Without a re-test..Target was hitted!
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