BTC/USD - Diamond pattern - RATHER BULLISH
Hello folks! Quick update on BTC/USD h4 chart: here we have a diamond pattern (very reliable pattern). So, if this pattern occurs in the middle of a trend (upper trend, our case), it is a continuation pattern. It is considered to be a reversal pattern when it occurs at the tops or bottoms. So, break up above $11.500, TP around $12.300, invalidation below $11.150. Stay safe
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This is not financial advice!
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Keep in touch
This is not financial advice!
Diversity your portofolio!
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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.
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.