BTC/USD Bull flag or Break-down? 4HR
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BTC/USD looks like it's forming a flag.
We tested the high and failed, we then tested the lower areas of the triangle and also failed to break through.
The current local bias is to the upside from rejecting the downside is currently the most recent event.
I have 2 rough targets based on harmonics and volume wells close to us.
There is some serious shaking in there, fighting for the final say.
Enjoy.
We tested the high and failed, we then tested the lower areas of the triangle and also failed to break through.
The current local bias is to the upside from rejecting the downside is currently the most recent event.
I have 2 rough targets based on harmonics and volume wells close to us.
There is some serious shaking in there, fighting for the final say.
Enjoy.
Ghi chú
I'm not bearish per say but... I propose a bearish idea..Similar 2 rejections. One to the upside then to the downside, followed by consolidation followed by a dump.
We have 2 rejections One to the upside, then the downside and... now... Maybe be consolidate?... and dump? Idk, it could get throw in the trash of ideas, I wouldn't call it a fractal or something, it just caught me eye.
Ghi chú
alright not really the fractal but, it did break down.
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