Ironman8848

BTC -H4 - TRIANGLE BREAKOUT IMPLICATIONS !

BITSTAMP:BTCUSD   Bitcoin
H4 : Breakout of the triangle pattern in progress !
Currently, below the Mid Bollinger Band and in the clouds.
Downside triangle breakout gives a target @ 52'125
Ongoing H4 closing will validate or invalidate this breakout.
In order to neutralise the downside risk, BTC should recover and hold
above MBB.
In the meantime, watch carefully price action on H1 and M15
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