Rhombus formed within the zone. This signals a reversal of the market and may as well be the end of the bullish run. Currently, price has broken out of the first triangle. I do expect that price retests the counter trendline of the first triangle and then we can start selling from the point of retest. Various TP have been indicated. NB. the previous bullish run was just retracement move and the Rhombus formed is most likely the beginning of a new impulse to the downside.
Check out the BTCUSD trade idea link attached for more insight.
Check out the BTCUSD trade idea link attached for more insight.
