


Timothycks
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since Jan 3, 2020
btc
btcusd
chartpattern
forex
fundamental
gold
metals
trading
trendanalysis
xauusd
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We all can see this symmetrical triangle here in the 4H chart. The resistant is now 42K. If BTC is able to close above it in the weekly timechart, we will most likely steer back into the bull market. But if it breaks 30k, we going down for a further correction. Not a financial advise but I think there will be a deeper correction before breaking another ATH
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For now it will probably touch 1900 and bounce up and might break the bear channel. Once it breaks that channel gold will soar higher. Just my view only.
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As you can see the channel is going downwards and it's pretty simple one the candle reaches the top of channel it'll go down and then up again so ready your entries
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