BTCUSD Inception day, 20-4-2020, Bear flag finally breaking out?
Greetings fellow traders,
As time goes by, the markets evolve...
If your way of TA is strong, then the path will lead its way...
More visible, more probable:
Today's Note:
If candles keeps closing below the support. Then break out to the downside is inevitable, otherwise bearish continuation.
To be concluded...
As time goes by, the markets evolve...
If your way of TA is strong, then the path will lead its way...
More visible, more probable:
- Dashed lines; Possible forming patterns
- Solid lines; Confirmed patterns / Support or Resistance
- Dotted lines; Possible price-action trajectories / wave trend
- Lighten colors = Support | Darken colors = Resistance
Current Pattern Formation Level:
- Alpha pattern: Symmetrical Triangle -> Bullish Pennant
- Beta pattern: Descending Broadening Wedge
- Echo Pattern: Ascending Channel
Today's Note:
If candles keeps closing below the support. Then break out to the downside is inevitable, otherwise bearish continuation.
To be concluded...
