BharadwajRallabandi

Bout time for a pull back, and correct deeper?

Short
BITFINEX:BTCUSD   Bitcoin
We're forming an ascending wedge inside a bear flag. So what's next people?
Can we have a retest of 7400 level to confirm a trend reversal, to aim for the moon?
Or is this just one of those bull traps before BTC breaks 6k?

A correction is imminent, but will market decide what happens from there on!

P.S. Moon is on the other side of the line
Comment:
Taking another risky choice and shorting here. Place a tight stop-loss if you wanna trade
Trade closed: target reached:
7800 was a good profit taking region

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