Symmetrical triangle
Looks like a symmetrical triangle is forming on the 4h, we have tested near the top white line, I think we will go down towards the line below now, target for short scalp 9100-9125
I have opened a short at 9321 with a stop at 9361.
I will swap to long when btc hit my target around 9100-9125.
I think for short term btc is bullish and will break to the upside..
Target 1 9600
Target 2 9850
Target 3 10400
Would be great to break up and test the highest top at 10400
If the line breaks below the white line..
Target 1 9000
Target 2 8900-8850
Target 3 8500..
For me the best would be tapping 10400 then drop towards 8500..
Watch out if break above or below white lines, pink lines could act as support of resistance and can make a fake out to either side!
I have opened a short at 9321 with a stop at 9361.
I will swap to long when btc hit my target around 9100-9125.
I think for short term btc is bullish and will break to the upside..
Target 1 9600
Target 2 9850
Target 3 10400
Would be great to break up and test the highest top at 10400
If the line breaks below the white line..
Target 1 9000
Target 2 8900-8850
Target 3 8500..
For me the best would be tapping 10400 then drop towards 8500..
Watch out if break above or below white lines, pink lines could act as support of resistance and can make a fake out to either side!
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