BTCUSD has reached resistance zone and delving into lower timeframes, I see that price is in a channel where it has reached the blue resistance line as well as the yellow resistance line which is 2 confirmations.
Price than came back down and formed a bearish flag pattern which is creeping back up the yellow resistance zone. Waiting for retest off that area which gives me confirmation that market is about to go low.
Price than came back down and formed a bearish flag pattern which is creeping back up the yellow resistance zone. Waiting for retest off that area which gives me confirmation that market is about to go low.