Market Overview | Sideways Action

Hey traders, here's an update on the $BTC market. Enjoy ;)

Remember the 1-2-3 Strategy:

09:40

And if you forgot what cyclical trades are, watch this one:

05:48

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We've reached our target. Looking for a bounce, as price action is moving too fast, then looking for more trading in the new dumb zone.

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Nice megaphone pattern developing on the pullback. Good location to short, or wait for the breakout to the downside (choose based on your own risk management strategy).

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Should be targeting the lower boundary of the numb zone (.618 of the bullish swing). From there I'd be vigilant of a sharp pullback to neutralize the 4HR trend before the market chooses a solid direction.