BTC draws another rising pennant and it's about to break down. This pennant is a right shoulder at the same time, so if the neckline (7850) not going to hold, we eventually should see 7200 which is close to the line of Cup&Handle confirmation. Stay tuned
*Trade only at your own risk. This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
*Trade only at your own risk. This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
Comment:
Not a pennant. Wedge. Sorry, just woke up)
Trade closed: target reached