BitcoinShort
BTCUSD H1 : POTENTIAL BEARISH CONTINUTOIN DOWNTREND
Updated
BTCUSD H1 : POTENTIAL BEARISH CONTINUTOIN DOWNTREND
Pennants are typically consolidation patterns that precede a continuation of the prior trend. In this case, the prior trend was downward, so the pennant suggests a potential resumption of the downtrend.
KEY AREAS
ENTRY POINT $96300 TO $96800
1ST TP $93500
2ND TP $92500
SL $97042
For more updates and information keep following me and comment, like and support if you are agree with my analysis.
Pennants are typically consolidation patterns that precede a continuation of the prior trend. In this case, the prior trend was downward, so the pennant suggests a potential resumption of the downtrend.
KEY AREAS
ENTRY POINT $96300 TO $96800
1ST TP $93500
2ND TP $92500
SL $97042
For more updates and information keep following me and comment, like and support if you are agree with my analysis.
Trade closed manually
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