Spinning top candle(bearish reversal) appeared last day. Still, we need to keep us eyes on DXY but considering P/L, it looks like reasonable trading. Mid-term trading(1M) Entry Current price S/L 112.137 #TP1 109.75 #TP2 108.74
BTCUSD has failed to breakout highs and now it's moving in consolidation. It looks like 'Bearish Pennant' so far. If it continues downtrend and downside breakout occurs at the TL, the target price would be 2650$. You may also see the price 2650$ is demand zone, therefore, it might be PRZ as a reasonable price to buy.