not a symmetrical triangle for me, but broke trend line and retest it, target on chart
- Expecting retrace for today, - 0.382 of last impulse leg could be enough for another impulse down, there is two way after than but both shows down till decision area (5700 - 6100)
Wait for price break stop buy and close 8H candle above that line
Targets on chart for each way, very close to take off
Stop Buy - After Candle Close at 3H Chart
seen this play many times, could make it this time too set stop at RR=1
Now at 0.618 retrace, and good time to take some risk..
Possible retracement prices on chart
Btc making 0.618 retracement of impulse leg between 5780 to 6800
Expecting retrace and targets on the chart
- Find an interesting correlation between trends underline and time zone First and Second tests took same time Expecting same for Third and Fourth - Also should be aware that; this leg down went too much without retrace And now we see a good accumulation + price squeeze So retrace could be close, I'm not entering any position based on this, But if i'll...