nefyodov.artyom

WOW! Is it a Bull Flag Pattern on BTC?

Long
nefyodov.artyom Updated   
COINBASE:BTCUSD   Bitcoin
Guys,
it seems like everything's not lost!

Take a look at the 4H BTC chart, before today it was a symmetrical triangle, and described it in my latest trade idea. I also made a good SHORT from the upper side of that triangle.
But now the picture had changed and the previous pattern was canceled.
Please welcome an ideal Bullish Flag with great LONG potential.

RSI and Stoch RSI show that we have sold enough and it's time to climb up.

Let's see how it will be finished by the end of the week.
Trade active:
The price had dropped lower than I expected, nevertheless, the pattern is still valid till we hold the support on 42500. During the day we can expect the pullback to 44500.
Trade closed: stop reached:
Bull Pattern has been invalidated

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