To early to call really, this idea really just feels right to me. I know there's a lot of signs that are pointing towards low 6k for bounce, but I'm more bullish minded with BTC and am cool with this .786 retracement over the bearish 1:1 scenario. If we do get this descending wedge then you can expect some nice bounce back up to 8400 range over the weekend. Why...
2nd tap of support/LV shakeout Pnf needs work
Trading C to D on Bearish Bat, possible D if it terminates.
Trading C to D and D on the possible bearish bat on the NZDUSD . positions already opened.
One can either Trade C to D or The Dpoint of this pattern. we see a respect of red trendiness so be patient and wait on it!